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Per capita income grew 45% under Narendra Modi regime, says CSO

None of the first four years under the Modi government had clocked a per capita income growth of more than 10 per cent

Topics
Narendra Modi  |  Average Income  |  Demonetisation

Business standard  |  New Delhi 

The income earned by an average Indian doubled in seven years, from Rs 63,642 per year in 2011-12 to Rs 1.25 lakh in 2018-19, the first advance estimates of national income released by the Central Statistics Office (CSO) show. Under the current National Democratic Alliance (NDA) government, per capita income has grown 45 per cent, from 2014-15 to 2018-19.

In 2014-15, an average Indian earned Rs 86,647 per year. However, the trend in per capita income growth was not linear. The year-on-year growth in per capita income had touched its bottom in 2017-18 under the current national ...

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First Published: Tue, January 08 2019. 01:36 IST
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