Avg income of Indians may up by 9%: CSO

An Indian on an average is expected to earn Rs 43,749 in 2009-10, nine per cent more than what he would have received last fiscal if the national income were evenly distributed among the citizens.

The per capita income, an indicator of collective prosperity, was Rs 40,141 in 2008-09, higher by 13.3 per cent recorded in the year ago period, according to the Central Statistical Organisation's (CSO) advance estimates.

The lower growth rate in 2009-10 is partly because of poor exports as outward shipments add to the net national income while imports reduce it.

Contribution of exports to the economic expansion during 2009-10 is estimated to fall to 18.6 per cent from 23.5 per cent a year ago.

As regards the population, the CSO estimates that it would go up from 1.15 billion to 1.17 billion during 2009-10, registering an annual increase of 1.38 per cent.

After taking inflation into account, per capita income is estimated to grow by 5.4 per cent at Rs 33,540 this fiscal against Rs 31,821 during 2008-09.

Last fiscal, it grew by 5 per cent.