You've described it very well. I agree that India doesn't actually require to have income in $5k zone to be a developed country or to save it from middle income trap. In big cities an income of $1000 (Inr 83000) would still make you in the top 10% if not 5%. With this income, a person can lead a happy life in big cities with almost everything like a car and a good apartment, good education for kids, and other needs also sufficiently provided for. In towns, an income of $1k would put you in the elites. 

Coinsreporter

econ

Risk of India falling into middle-income trap is low

I also feel that the risk for falling into the MI trap for India are getting lower. Before a year it looked like India might fall in the trap. But now it's a sukrity with the way this government is keeping up with reforms.

For Indian conditions, I've got a simple diagram. India actiay does not need high income levels to be called a developed country. In reality the expenses here are much lower in comparison to China and to USA and EU, they are much much lower. 
![](https://m.stacker.news/49833)