ID :
125377
Tue, 06/01/2010 - 14:04
Auther :

Per capita income jumps 10.5pc to Rs 44,345 in FY10

New Delhi, May 31 (PTI) India's per capita income grew
by 10.5 per cent to Rs 44,345 in 2009-10 against Rs 40,141 in
the year-ago period, according to the government data.
The per capita income was slightly higher than Rs 43,749
as calculated by the Central Statistical Organisation (CSO) in
its advance estimates for FY10. However, per capita income
grew by 5.6 per cent last fiscal if it is calculated on the
basis of 2004-05 prices, which is a better way of comparison
and broadly factors inflation.
Per capita income (at 2004-05 prices) stood at Rs 33,588
in FY10 against Rs 31,821 in the previous year, according to
estimates of national income released Monday.
Per capital income means income of each Indian if
national income is evenly divided among the country's
population of 117 crore.
The size of the economy rose to Rs 62,31,171 crore in the
last fiscal, up 11.8 per cent over Rs 55,74,449 crore in FY09.
PTI

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