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India's per capita income grew faster before 2014-15, shows data

The latest numbers available are for 2021; income grew at 21.3 per cent between 2015 and 2021 in India

Photo: Bloomberg
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Photo: Bloomberg

Anoushka Sawhney New Delhi
The average Indian’s income has nearly doubled since 2014-15, but this growth is lower than seen in earlier years.

The per capita net national income, broadly a measure of what an average person in India earns, was Rs 86,647 in 2014-15. This has since risen to Rs 172,000, according to the latest government data. Reports on Monday pointed out that this represents nearly a doubling of income during the eight-year period.

The growth of 98.5 per cent is actually lower than the 157 per cent growth seen during the eight years leading up to 2014-15. The per capita net national