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16)India's Republic Day 2021: Precisely how this year's celebration will be different

India Republic Day -- Highlights -For the first time since 1966, you will have no chief guest in the Republic Day Parade. -The parade will be shorter this current year, instead of ending at the Crimson Fort, it will culminate on National Stadium. -The Mini stry of Information and Biotechnology will probably depict the 'Vocal for Local' initiative of the government. India is all set to observe its 72nd Republic Day time to honour the enactment of the Constitution of India which came into effect on January 26, 1950. Traditionally, the particular highlight of Republic Day time is the iconic parade this showcases India’s military prowess and cultural heritage. Although this year, the commemoration will be slightly different on account of the outbreak and events in the past yr. Here is how Republic Day 2021 will be different: What cha nges have been made for the parade on account of Covid? For the first time since 1966, there will be no chief guests in the Republic Day ornem
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World Bank high-income economy

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A high-income economy is defined by the World Bank as a country with a gross national income per capita of US$12,536 or more in 2019, calculated using the Atlas method. While the term "high-income" is often used interchangeably with "First World" and "developed country", the technical definitions of these terms differ. The term "first world" commonly refers to countries that aligned themselves with the U.S. and NATO during the Cold War. Several institutions, such as the Central Intelligence Agency (CIA) or International Monetary Fund (IMF), take factors other than high per capita income into account when classifying countries as "developed" or "advanced economies". According to the United Nations, for example, some high-income countries may also be developing countries. The GCC countries, for example, are classified as developing high-income countries. Thus, a high-income country may be classified as either developed or devel
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List of high-income economies (as of 2021 fiscal year)

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According to the World Bank the following 80 countries (including territories) are classified as "high-income economies". In brackets the year(s) during which they held such classification. As of the 2021 fiscal year, high-income economies are those that had a GNI per capita of $12,535 or more in 2019. High income UN members edit High income non-UN members edit Former high-income economies edit The year(s) during which they held such classification is/are shown in parenthesis. a Between 1994 and 2009, as a part of the   Netherlands Antilles. b Dissolved on 10 October 2010. Succeeded by Curaçao and Sint Maarten.
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Historical thresholds

The high-income threshold was originally set in 1989 at US$6,000 in 1987 prices. Thresholds for subsequent years were adjusted taking into account the average inflation in the G-5 countries (the United States, the United Kingdom, Japan, Germany and France), and from 2001, that of Japan, the United Kingdom, the United States and the eurozone. Thus, the thresholds remain constant in real terms over time. To ensure no country falls right on the threshold, country data are rounded to the nearest 10 and income thresholds are rounded to the nearest 5. The following table shows the high-income threshold from 1987 onwards. Countries with a GNI per capita (calculated using the Atlas method) above this threshold are classified by the World Bank as "high-income economies". Year GNI per capita (US$) Date of classification 1987 6,000 October 2, 1988 1988 6,000 September 13, 1989 1989 6,000 August 29, 1990 1990 7,620 September 11, 1991 1991 7,910 August 24, 1992
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