Delhi needs to double its growth rate to reach Singapore levels by 2047

Assumes that Singapore's economy grows at a constant rate of 1.8% or lower, Delhi would need to nearly double its growth rate for per capita income to 9.1% to reach Singapore's level by 2047

Although Delhi’s per capita income declined six per cent in 2020-21 compared to last year, Delhi’s deputy chief minister Manish Sisodia has claimed that the government plans to take the city’s per capita income levels to match Singapore’s by 2047.

At Rs 3.54 lakh per annum, Delhi has one of the highest per capita incomes in the country—nearly three times the national average. In PPP terms, Delhi’s per capita income amounted to $16,098.4 in 2020-21. On the other hand, Singapore’s per capita income in PPP dollars was nearly six times that of Delhi at $94,417.5 in 2020.