Per Capita Income

Minister of State (Independent Charge) for Statistics & Programme Implementation Shri Rao Inderjit Singh has said that the United Nations Statistics Division (UNSD) does not provide any rankings to the countries on GDP or Per Capita Income (measured as Per Capita Gross National Income by the UNSD). However, ranking countries based on their National Accounts Main Aggregates Database, December 2013, India’s rankings in the world with regard to Gross Domestic Product and Per Capita Gross National Income at current prices comes out 10 and 161 respectively. 

In a written reply in the Lok Sabha today Shri Singh said, the estimates of Per Capita Income (measured as Per Capita Net National Income) and National Income (Net National Income), at current and constant (2004-05) prices, during the last three years and the current year, are as under:  

 A statement on percentage increase in per capita income and National Income during the last three years is given below: 

 Shri Singh said, the Government has taken several steps to address the slowdown in GDP growth. The Union Budget 2014-15 outlined several initiatives to boost investment in infrastructure and industry, that inter-alia include FDI in Defence and Insurance sectors, Incentives for Rural Estate Investment Trusts (REITS), skill development in rural areas, impetus to rural roads, extension of ten-year tax holiday to the undertakings in the power sector, development of industrial corridors with emphasis on Smart Cities linked to transport connectivity to spur growth in manufacturing, etc. All these measures aimed at accelerating growth will also have a significant effect on per capita income.