India has witnessed significant changes in its national income over the last two decades. The country's economic growth has been quite impressive, and there have been many changes in the composition of its GDP.



The growth rate of India's national income has been quite impressive over the last two decades. From 2000 to 2010, the country's GDP grew at an average rate of 7.5%, and from 2011 to 2020, it grew at an average rate of 6.8%. This growth has been driven by various factors, such as increased investment, improved infrastructure, and a growing service sector.



Over the last two decades, there have been significant changes in the composition of India's GDP. The service sector has emerged as the largest contributor to the country's GDP, accounting for around 55% of the total GDP. The agricultural sector's contribution to the GDP has declined, while the industrial sector's contribution has remained relatively stable.



India's per capita income has also witnessed significant growth over the last two decades. From 2000 to 2010, the per capita income grew at an average rate of 6.6%, and from 2011 to 2020, it grew at an average rate of 5.4%. However, India still lags behind many other countries in terms of per capita income.



Despite the significant growth in national income, India still faces several challenges. One of the most significant challenges is income inequality. The country has a significant wealth gap, with a large percentage of the population living in poverty. In addition, the country's economic growth has been unevenly distributed, with some regions and sectors growing much faster than others.



In conclusion, India's national income has grown significantly over the last two decades, driven by various factors such as increased investment, improved infrastructure, and a growing service sector. However, the country still faces several challenges, such as income inequality and uneven economic growth.