India's per capita income doubles since 2014-15

by IANS |

New Delhi, March 6 (IANS) Since 2014-15 when the NDA government came to power at the Centre, the nation's per capita income has doubled to Rs 1.72 lakh.

According to National Statistics Office (NSO) data, the per capita income in terms of net national income, in current prices, was Rs 1,72,000 in 2022-23, showing a growth of 15.8 per cent over the previous year.

This is almost double of Rs 86,647, which was the per capita income in 2014-15.

According to the NSO data, per capita income at the current prices was estimated at Rs 1,27,065 and Rs 1,48,524 respectively for the years 2020-21 and 2021-22.

This shows that there has been a consistent rise in per capita income.

In the third quarter of the current fiscal, India's gross domestic product (GDP) recorded a growth of 4.4 per cent, which was lower than the growth of 6.3 per cent seen in the second quarter of 2022-23.

Latest News
South Korea to launch 1st homegrown nanosatellite on Wednesday Tue, Apr 23, 2024, 04:50 PM
Gaza launches fresh rocket attacks on Israeli border areas Tue, Apr 23, 2024, 04:49 PM
Doughty daughters campaign for parents in UP Tue, Apr 23, 2024, 04:48 PM
Olympic Selection Trials: Ashi, Swapnil take top spots in 3P trials Tue, Apr 23, 2024, 04:42 PM
How stress can affect your body Tue, Apr 23, 2024, 04:40 PM
Indian chess body AICF exploring possibilities of hosting world title match between Gukesh and China's Ding Tue, Apr 23, 2024, 04:34 PM
Five killed while trying to cross from France to Britain in small boats Tue, Apr 23, 2024, 04:33 PM
CM Kejriwal, K Kavitha's judicial custody extended in money laundering case till May 7 Tue, Apr 23, 2024, 04:19 PM
Aston Martin launches new sports car 'Vantage' at Rs 3.99 cr in India Tue, Apr 23, 2024, 04:05 PM
Govt gets 7 bids under PLI scheme for making Advanced Chemistry Cells to push green energy plan Tue, Apr 23, 2024, 04:05 PM
Nine injured in Russian drone attack on Ukraine Tue, Apr 23, 2024, 04:04 PM
Giorgia Meloni's alliance scores victory in south Italy poll Tue, Apr 23, 2024, 04:03 PM
Congress still in a dilemma over Khammam Lok Sabha ticket Tue, Apr 23, 2024, 04:02 PM
Kerala Cong moves EC over Left MLA's 'DNA' remark against Rahul Gandhi Tue, Apr 23, 2024, 03:29 PM
Refer Neha murder case to CBI: Basavaraj Bommai to Karnataka Police Tue, Apr 23, 2024, 03:28 PM