India\'s Per Capita Income Doubles Since 2014-15

India’s per capita income doubles since 2014-15

New Delhi, March 6 : Since 2014-15 when the NDA government came to power at the Centre, the nation’s per capita income has doubled to Rs 1.72 lakh.

 India's Per Capita Income Doubles Since 2014-15-TeluguStop.com

According to National Statistics Office (NSO) data, the per capita income in terms of net national income, in current prices, was Rs 1,72,000 in 2022-23, showing a growth of 15.8 per cent over the previous year.

This is almost double of Rs 86,647, which was the per capita income in 2014-15.

According to the NSO data, per capita income at the current prices was estimated at Rs 1,27,065 and Rs 1,48,524 respectively for the years 2020-21 and 2021-22.

This shows that there has been a consistent rise in per capita income.

In the third quarter of the current fiscal, India’s gross domestic product (GDP) recorded a growth of 4.4 per cent, which was lower than the growth of 6.3 per cent seen in the second quarter of 2022-23.


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