Page 2 - Per Capita Income

A coming-out party: Olympics, development and a statement to the world

If Ahmedabad is India's preferred candidate, as seems likely, hosting Olympics 2036 should give it a leg up: A bigger airport, a better metro network, more hotels, flyovers and so on, writes T N Ninan

Everything you need to know about Telangana before Assembly elections 2023

Telangana has the highest per capita income among all Indian states

What is a developed country, a status India is aiming to achieve by 2047?

PM Modi, in his Independence Day speech on Tuesday, also said that India would become the third-largest economy during his third term

Top headlines: Gangwal to sell IndiGo shares, India Inc's Q1 result review

Business Standard brings you the top headlines at this hour

Indian per capita income to grow sevenfold by FY47, says SBI Research

The buoyancy in the number of tax filers earlier not reporting income also contributed to the upward push

In contrast to UPA years, NER's economy has seen gradual growth in NDA rule

Shifting focus to population, the NER housed 45.5 million individuals, accounting for 3.7 per cent of the country's total population of 1.21 billion, according to the 2011 Census

India to become middle-income country with GDP of $6 trn by 2030: Report

The report, released by Standard Chartered Bank, assumes that India's nominal GDP growth rate will be 10 per cent per annum from now on

Telangana has highest per capita income among all Indian states: MoSPI

Based on constant prices, Haryana topped the list with a per capita income of Rs 1,81,961 in 2022-23

India as 'developed country' by 2047: Attainable goal, or chimera?

Even as India strives to climb the development mountain, the fact is that the mountaintop is already crowded. If it got there in 2047, India would be very much a late-comer, notes T N Ninan

Among countries with Apple Stores, India has lowest per capita income

India's per capita income of $7,130 is less than half of Brazil's $15,600, which ranks second lowest on the list of nations with Apple Stores

Telangana ranks number one in per capita income in 2022-23, says KTR

Minister KTR wrote that 155 per cent growth in per capita income is the highest among all states

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

Per capita income doubles since '14 but uneven distribution a challenge

India's per capita income in nominal terms doubled to Rs 1,72,000 since 2014-15 when the Narendra Modi-led NDA came to power but uneven income distribution remains a challenge. As per the National Statistical Office (NSO), the annual per capita (net national income) at current prices is estimated at Rs 1,72,000 in 2022-23, up from Rs 86,647 in 2014-15, suggesting an increase of about 99 per cent. In real terms (constant prices), the per capita income has increased by about 35 per cent from Rs 72,805 in 2014-15 to Rs 98,118 in 2022-23. "You are looking at GDP in current prices, but if you account for inflation, the increase is much less," said noted development economist Jayati Ghosh on doubling of per capita income in nominal terms. She further said distribution is critical. "Most of this increase has accrued to the top 10 per cent of the population. By contrast, median wages are falling, and possibly even lower in real terms," said the former JNU professor. As per the NSO data,

Lower-income groups not so hopeful this festival season sale: Report

While the e-commerce platforms have seen an uptick in their festival season sale to Rs 24,500 crore, the average user spending has come down significantly

Prison resources inadequate despite 24% jump in budget allocation in 5 yrs

In 2021, govt spent Rs 1,624.4 crore, or 77%, on undertrials alone

India at 75: Here's how much our per capita income has zoomed since 1950

Since 1950, India's per capita income (PCI) has jumped over 500 times. In 1950, it stood at Rs 265, and increased to Rs 1,28,829 in 2020-21

Grave governance challenges await Bihar's new coalition government

Committed expenditures of the state, which has the lowest per capita income, exceed its own revenue by 47% in FY23

Number wise: Hike in MLA salaries outstripped growth in common man's income

Delhi lawmakers just gave themselves a salary hike, joining counterparts in widening the gap with their voters' income

Needed: A PM's council for human development

Leave no one behind with sustainable growth and well-being

India's FY22 per capita income projected higher than Bangladesh: IMF

Bangladesh is likely to topple India again for each of the next six years