<div style="float: left;">
	<img align="" alt="Photo: Shutterstock" class="imgCont" height="464" src="http://bsmedia.business-standard.com/_media/bs/img/article/2016-12/23/full/1482505711-0201.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="Photo: Shutterstock" width="620" />
	<div style="float: left; clear: both; font-style:italic; padding: 10px 10px 10px 0px;">
		Photo: ShutterstockIndia&rsquo;s per capita income grew by 9.7 per cent to Rs 1,03,219 in 2016-17 from Rs 94,130 a year ago. In 2015-16, the rate of growth of the country&rsquo;s per capita net income stood at 7.4 per cent. &rdquo;The per capita income at current prices during 2016-17 is estimated to have attained a level of Rs 1,03,219, compared to the estimates for the year 2015-16 of Rs 94,130, showing a rise of 9.7 per cent,&rdquo; an official release said. In real terms (at 2011-12 prices), per capita income in 2016-17 rose 5.7 per cent to Rs 82,269, against Rs 77,803 a year ago.&nbsp;</div>
	<br>
	<div>
		&quot;The per capita income at current prices during 2016-17 is estimated to have attained a level of Rs 1,03,219 as compared to the estimates for the year 2015-16 of Rs 94,130 showing a rise of 9.7 per cent,&quot; an official release said.</div>
	<br>
	<div>
		The data forms part of the &#39;Provisional Estimates of Annual National Income 2016-17 and Quarterly Estimates of Gross Domestic Product 2016-17&#39; released by the Ministry of Statistics and Programme Implementation today.</div>
	<br>
	<div>
		Per capita income is a crude indicator of the prosperity of a country.</div>
	<br>
	<div>
		In real terms (at 2011-12 prices), per capita income in 2016-17 rose 5.7 per cent to Rs 82,269, against Rs 77,803 a year ago.</div>
	<br>
	<div>
		The rate of growth in real terms was, however, slower than 6.8 per cent in the preceding year.</div>
	<br>
	<div>
		The country&#39;s Gross National Income (GNI) at 2011-12 prices was estimated at Rs 120.35 lakh crore during 2016-17, against Rs 112.46 lakh crore a year ago.</div>
	<br>
	<div>
		&quot;In terms of growth rates, the gross national income is estimated to have risen by 7 per cent during 2016-17, in comparison to the growth rate of 8 per cent in 2015-16,&quot; it added.</div>
</div>

In 2015-16, the rate of growth of the country's per capita net income stood at 7.4%

Per capita income rises 9.7% to Rs 1.03 lakh in FY17

In 2015-16, the rate of growth of the country's per capita net income stood at 7.4%

More From This Section

Govt meets 3.5% fiscal deficit target in FY17

Note ban effect: GDP growth enters slow lane in Q4 at 6.1%

Fiscal deficit for FY17 contained at 3.51% of GDP

GDP growth slows to 6.1% in Q4, 7.1% in FY17

Explore News