The best metric, IMO, to go by is per capita power consumption. This metric cannot be manipulated and is closely associated with relative strengths of nations.
If you look at the source below, we consume 2 times per capita than Pakistan and slightly more than 2 times of Bangladesh. This is why Bangladesh's GDP and per capita numbers are bogus as they do not measure up against per capita electricvity consumption which cannot be manipulated or subject to currency measurements. You cannot have a per capita GDP closer to India's but have a per capita power consumption half that of India's. I would think Pakistan and Bangladesh are at similar levels and both their per capita income should be half that of India's.
Another sad thing is our per capita consumption by itself is abysmally low. China's is 4.5x times ours. And we are below world average even. We need to increase this metric as overall economic well being is a lot related to per capita energy consumption, which powers almost all modern facilities.
Another surprise is South Korea which is way ahead of China and even Japan. Interesting.
India’s per capita electricity consumption has risen steadily in recent years, but it is much below the world average and has wide variations with Bihar being abysmally low, and Dadra & Nagar Haveli being higher than developed countries.
www.moneycontrol.com
View attachment 94016