There are two parameters by which the performance and development of a nation are measured. The two terms GDP and GDP per capita roughly give the progress of a nation in numbers. These numbers are widely and extensively used to measure economies and its growth.
Let us quickly look at what the two terms mean and why it is used:
■ GDP is defined as the total value of goods or services produced within a country’s borders in a specific time period. GDP is nothing but the total output that an economy of a country. It can thus be an accurate measure of the nation’s income, expenditure or output.
■ GDP per capita in short is GDP divided by the population of that country. It can roughly convey the standard of living in a country. However, it does not take into account the difference in purchasing power of a country. For example, If 1 dollar could buy you 1 Pepsi Tin in the United States, it could buy you 3 Pepsi Tin’s in Bangladesh. Hence, the purchasing power of Bangladesh is thrice than that of the United states.
The top ten countries based on GDP and GDP per capita
GDP per capita ranking-This ranking is based on the IMF World Outlook (October 2015), and the top ten countries according to nominal GDP terms are:
GDP ranking-This ranking is based on the Projection by IMF(April 2015), and the top ten countries are as follows:
Retiring after spending 32 years in the Indian Army, Col Chris Rego is helping change the destinies of hundreds of children in conflict-affected North East India through his “White Bullets” initiative. With this initiative, he hopes to bring peace and progress to communities across North East India.
Luminouswanted to bring out the Colonel’s story to the world to inspire and motivate others as it believes that education is a strong tool to empower women. It is supporting Col Rego’s cause through an initiative called #Luminaries – the brave people who stand up for causes like girl child education and make a difference in the society.
Col Rego’s journey started over a decade ago in Manipur when a tribal woman knocked on his door pleading for support for her daughter’s education. Touched by the woman’s story, Col Rego and his wife delved into their savings and arranged for the money for the girl’s education. Two years down the line, the woman returned, this time with a small pumpkin and a shawl that she had knitted, and all the money she had borrowed. Moved and realizing that their money could make lives rather than earn paltry interest, Col and Mrs. Rego embarked on a journey to arrange for sponsorship of many more underprivileged children.
Retiring from the Army, Col Rego took over as CEO of Sunbird Trust, a not-for-profit organization which he founded in 2014. The Trust now sponsor over 1,000 children in 21 locations acrossNorth East India. The centre of Sunbird Trust’s activities is at beautiful Ijeirong, Manipur.
Recognizing Col Chris’s immense work, Luminousacknowledged him as their first Luminary. Through this, they hope to bring more power to his elbow in the notable work he is doing. The Luminousteam travelled to remote Ijeirong village and installed solar products. These solar products will help in providing power to the entire campus 24/7 for the very first time.
The Logical Indian salutes Col Christopher Rego for his untiring efforts and leadership. His efforts are already having a cascading effect on people from across India joining the “White Bullets” endeavour. Quite amazingly, education, in itself so empowering, is merely a means to PEACE. We hope the path illuminated by #Luminary Col Rego and his Sunbird Trust team acts as a beacon for others to follow.
If you too have stories of change, share them with us. And if you want to connect with Colonel Rego, click here.