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Per capita income of Delhi expected to be 3 times national avg

Press Trust of India  |  New Delhi 

The per capita of for 2016-17 is expected to be over Rs 3,00,000, nearly three times the corresponding national average, according to a report released today.

Deputy Chief Minister Manish Sisodia released the 'Estimates of State Domestic Product - 2016-17' here.

"The per capita of has been fast increasing year by year. It is expected to be Rs 3,03,073 for 2016-17 against Rs 2,73,618 during 2015-16. This reveals an annual growth of 10.76 per cent over the previous year as against 10.2 per cent at the national level," the said.

"The per capita of is nearly three times higher than the national average of Rs 1,03,818 for the year 2016-17," it said.

The report says that among all states and/or union territories, "Delhi's rank is first, while is at second with Rs 2,70,150 and stood at third position with Rs 2,42,386 per capita during 2015-16."

At the national level, the per capita for the year 2015-16 and 2016-17 were Rs 94,178 and Rs 1,03,818 respectively with the respective annual growth rates of 8.9 per cent and 10.2 per cent.

"It is also to be noted that the per capita in real terms recorded annual average growth rate of 5.34 per cent for the period 2011-12 to 2016-17.

"At national level, the per capita for 2015-16 and 2016-17 is estimated at Rs 77,524 and Rs 82,112 respectively showing respective annual growth rates of 6.6 per cent and 5.9 per cent," it added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, May 15 2017. 21:42 IST