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According to the 2011 census, there were 10.1 million child labourers in the country, a decline of 2.6 million from 12.6 million in 2001. [ 354 ] Since 1991, economic inequality between India's states has consistently grown: the per-capita net state domestic product of the richest states in 2007 was 3.2 times that of the poorest. [ 355 ]
In 2016, the Inland Revenue Board of Malaysia lowered the effective tax rate to 24% for businesses with capital exceeding RM2.5 million (approximately US$550,000). For smaller companies, the rate was 19%. [102] The Malaysian government also imposes government taxes such as the Sales and Services tax (SST) and real estate taxes.
Over Modi's first year in office, the Indian GDP grew at a rate of 7.5%, [21] making India the fastest-growing economy in the world. For this the basis was a revised formula introduced a year after he took office, which surprised a lot of economists. [22] However, this rate of growth had fallen significantly to 6.1%, by his third year in office ...
In the state, the rate of population growth is India's lowest, and the decadal growth of 4.9% in 2011 is less than one-third of the all-India average of 17.6%. [298] Kerala's population more than doubled between 1951 and 1991 by adding 15.6 million people to reach 29.1 million residents in 1991; the population stood at 33.3 million by 2011. [ 298 ]