What is the average percapita income of India?
But according to the calculation of the Central Statistical Organisation (CSO) in its advance estimates for Fiscal Year 2010, the per capita income of India was slightly higher than Rs 43,749.
Per capita income, according to advance estimates for national income released today, is expected to grow by 14.4 per cent during the current fiscal, the highest growth rate recorded in a single year in the last decade.
Though the Gross Domestic Product growth rate during the current fiscal is estimated to drop to 7.1 per cent from 9 per cent a year ago, per capita income is expected to soar by Rs 4,801 to Rs 38,084 during 2008-09.
The country's per capita income, which is an important indicator of economic development of a nation, was Rs 18,885 during 2002-03.
The growth in the per capita income takes into account the increase in the country's population, which is likely to rise to 115.4 crore by March 2009 from 113.8 crore a year ...more