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Delhi sees nearly 14% rise in per capita income

According to Economic Survey of Delhi 2014-15, Gross State Domestic Product at current prices has increased to over Rs 4.51 lakh crore

Press Trust of India  |  New Delhi 

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In reflection of growing economic prosperity of Delhiites, the per capita annual income in the national capital rose by nearly 14 per cent to Rs 2.41 lakh in 2013-14 compared to the previous fiscal, which is almost three times the national average.

According to Economic Survey of Delhi 2014-15 tabled in the Delhi Assembly today, the annual per capita income in the national capital increased from Rs 2.12 lakh in 2012-13. The national per capita income in 2013-14 stood at Rs 87,748.

As per the survey, the Gross State Domestic Product (GSDP) at current prices during 2014-15 has increased to over Rs 4.51 lakh crore, a growth of 15.35 per cent over the previous year.

At constant prices, the growth of the Gross State Domestic Product for 2014-15 is 8.2 per cent as compared to 7.4 per cent recorded at national level.

As per the survey, the fiscal deficit of Delhi government was Rs 2,21.25 crore in 2014-15, which is 0.049 per cent of GSDP, as compared to estimated fiscal deficit of 2.35 per cent of all states during the same year.

The expenditure incurred on social service sectors in Delhi increased from 48.79 per cent in 10th Five Year Plan to 57.12 per cent in the 11th Five Year Plan and 65.75 per cent for the first three years of the 12th Five Year Plan.

Tax collection of Delhi government registered a growth of 2.64 per cent in 2014-15 as compared to the growth of 10.60 per cent in 2013-14, it said.

Delhi has maintained its consistent revenue surplus which was Rs 6,079.53 crore in 2014-15 as compared to Rs 5,615.37 crore in 2013-14.

First Published: Wed, June 24 2015. 18:32 IST
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