Sri Lanka is now upper middle income. Why India stays put despite a booming economy
Published on: July 4, 2026, 11:30 a.m. | Source: Moneycontrol
Sri Lanka's return to the upper-middle-income club reflects its post-crisis recovery, while India remains in the lower-middle-income category because the World Bank's rankings are based on per capita income, not the overall size or growth of an economy.
