Per capita income set to witness a 5% fall: First advance estimates
The per capita income is projected to decline to Rs 1.27 lakh in the year compared to Rs 1.34 lakh in the previous year by Advance Estimates
 "Per capita income set to witness a 5% fall: First advance estimates")
premium
Indians are likely to see a 5.4 per cent decline in incomes during FY21 if the national income is evenly divided among the population.
The per capita income is projected to decline to Rs 1.27 lakh in the year compared to Rs 1.34 lakh in the previous year by Advance Estimates.
The plight of the common man would be worsened due to the fact that income distribution is vastly unequal and Covid-19-induced lockdowns have rendered many jobless.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Premium stories handpicked daily by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%