Per Capita Income

States like Andhra Pradesh, Tamil Nadu and Telangana were more successful in poverty reduction because of growth. While UP, Bihar and Madhya Pradesh made substantial reductions too. While Punjab’s slow per capita income growth between FY16 and FY23, has slowed poverty alleviation

Naysayers have it wrong, incomes in India are rising

For a country that never dreamt of truly becoming a developed nation, it is understandable why some fail to grasp the scale of transformation happening in India, today. Statistics show the fortunes of Indians are changing for the better and changing fast

Reversal of fortune! India’s per capita income to grow 3.5% faster than China: Brookings Institution

India will take anywhere between 19 and 22 years from 2023 for its per-capita income to be the same as that in China, the US-based think tank said.

Per capita income seen growing nearly 70% to $4,000 by FY30

Per capita income/GDP has risen from USD 460 in fiscal 2001 to USD 1,413 in fiscal 2011 and further to USD 2,150 in fiscal 2021.

The decline and fall of Pakistan and the rise of Bangladesh

Five charts tell the story of Bangladesh overtaking Pakistan on economic and social parameters 

Per capita income rose in real terms by 33.4% since enactment of NFSA: Centre to SC

In an affidavit filed before the top court, the Union government said this rise in per capita income of people has taken a large number of households to higher income class.

Indian markets look attractive amid geopolitical risks: UTI Mutual Fund CIO Vetri Subramaniam

Vetri Subramaniam shares his views on building a portfolio, global risks, the current geopolitical situation, the fiscal deficit, inflation, the K-shaped recovery, India becoming the fifth largest economy and much more

In PPP terms, India became the third-largest economy back in 2009

We overtook the UK economy in PPP terms as far back as 1993. However, in per capita income in PPP terms, India ranks 128th out of 193 countries in the IMF database  

India@75: How have we done on per capita income?

At the time of Independence, our per capita income was lower than that of Afghanistan, Zambia, Zimbabwe, the Central African Republic, and the Congo. On the other hand, it was higher than that of China and South Korea 

Estimates of per capita income pruned, consumption expenditure raised

The rise in per capita in the current year is lower than what was estimated before the Omicron variant of the COVID-19 virus struck. The decline in the current prices is small but when it is measured in constant 2011-12 prices, the dent is significant.

GDP data: Per capita income and consumption expenditure fall to 2018-19 levels

The national accounts data show that the per capita income at current prices, also known as per capita net national income (NNI), for 2020-21 at Rs 1,28,829 was just a shade above the levels estimated for 2018-19.

Politics | Rich Lok Sabha MPs in a poor India

Is India in danger of becoming a plutocracy? When increasingly a wealthy minority decide the policies that govern a poor majority, whose interests will it reflect?

Regional disparity of per capita income in India higher than BRICS peers: IMF

India fared poorly in terms of regional disparity of per capita income among the BRICS nations.

Delhi tax collection growth rate nears 21%

The tax collection in Delhi has grown at a rate of 20.84 percent (estimate) in the current year, but its revenue surplus has come down, as per the latest Economic Survey of the national capital released today.

Economic growth leading to rise in e-waste generation: Govt

India's economic growth, with rise in per capita income coupled with high obsolescence rate of electronic equipment, are leading to increase in the rate of e-waste generation, the government said today.

Per capita income of Indians to cross Rs 1 lakh in FY17

India's per capita income, a gauge for measuring living standard, is estimated to cross Rs 1 lakh in 2016-17, up from Rs 93,293 in the previous fiscal.

Delhi's per capita income 3 times the national average: Govt

Delhi registered the highest per capita income among all states and union territories during 2015-16 at about Rs 2,80,000, over three times the national average, according to the latest official data released today.

Per capita income seen slightly up at Rs 6,453/month in FY16

"The per capita income in real terms (at 2011-12 prices) during 2015-16 is likely to attain a level of Rs 77,431 as compared to Rs 72,889 for the year 2014-15", as per the data released by the Central Statistics Office (CSO).

India home to 2.36 lakh millionaires: Report

According to the Asia Pacific 2016 Wealth Report, by New World Wealth, India was ranked among the top five Asia Pacific countries in terms of number of High Net Worth Individuals (HNWIs). HNWIs (millionaires) were defined as those individuals with net assets of USD 1 million or more.

China to find it hard to achieve over 6.5% growth over 2016-2020

Li Wei, president of the State Council's Development Research Centre, made the comments at a conference over the weekend, the newspaper reported on Monday.

Brickwork Offers Complimentary Seminars on Public Finances

Brickwork Ratings, a wholly Indian credit rating agency, released the fourth edition of State Finances Handbook 2015 recently in The LaLiT, New ...

India's nominal GDP may cross $2-trn in FY15: Nomura

During FY12-14, nominal GDP growth averaged 13.4 percent YoY, but was offset by currency depreciation. “In FY15-FY17, we expect nominal GDP to average around the same 13-13.5 percent YoY, but with a better composition of lower inflation and more real growth,” says Nomura.

Rajan panel omitted key factors in state ranking: Experts

According to Shaibal Gupta, the report is very historic though there are objections related to the variables chosen for the state ranking.

Per capita income rose by 6.7% during 2004-2012: Report

The per capita income measured by net national income (NNI) has increased by 6.7 percent per annum between 2004-05 and 2011-12 and poverty reduced by 2.2 percent per annum during the same period, according to sources.