Sri Lanka re-entered the upper-middle-income group while India remains lower-middle because the World Bank classifies by GNI per capita, not GDP. India's per capita income ($2,500-2,700) stays below the $4,496 threshold. Despite being a large economy, average earnings per person haven't crossed the mark, keeping India in the same category since 2007.
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Why Sri Lanka Is Upper-Middle Income But India Is Not
