NEW DELHI: The country's per-capita source of revenue is estimated to have risen by 10 per cent to Rs 10,534 a month right through the monetary yr ended March 2019, executive knowledge on nationwide source of revenue confirmed on Friday.
In 2017-18, the per thirty days per-capita source of revenue stood at Rs 9,580.
"The per-capita income at current prices during 2018-19 is estimated to have attained a level of Rs 1,26,406 (Rs 10,533.83 monthly) as compared to the estimated for the year 2017-18 of Rs 1,14,958 (Rs 9,579.83 a month), showing a rise of 10 per cent," in line with the annual nationwide source of revenue and GDP 2018-19 knowledge released by the ministry of statistics and programme implementation (MoSPI).
The per-capita source of revenue is a crude indicator of the prosperity of a country.
The gross nationwide source of revenue (GNI) at current costs is estimated at Rs 188.17 lakh crore right through 2018-19, as in comparison to Rs 169.10 lakh crore right through 2017-18, rising by 11.three per cent.
India's gross domestic product is estimated to have slowed to a five-year low of 5.eight per cent within the closing quarter of fiscal ended March 2018-19, mainly because of deficient display within the farm and production sectors.
The enlargement in gross domestic product (GDP) was once slowest since 2014-15. The previous low was once 6.4 per cent in 2013-14.
For full yr 2018-19, the economic enlargement is estimated at 6.eight per cent, in comparison 7.2 per cent within the previous yr.
In 2017-18, the per thirty days per-capita source of revenue stood at Rs 9,580.
"The per-capita income at current prices during 2018-19 is estimated to have attained a level of Rs 1,26,406 (Rs 10,533.83 monthly) as compared to the estimated for the year 2017-18 of Rs 1,14,958 (Rs 9,579.83 a month), showing a rise of 10 per cent," in line with the annual nationwide source of revenue and GDP 2018-19 knowledge released by the ministry of statistics and programme implementation (MoSPI).
The per-capita source of revenue is a crude indicator of the prosperity of a country.
The gross nationwide source of revenue (GNI) at current costs is estimated at Rs 188.17 lakh crore right through 2018-19, as in comparison to Rs 169.10 lakh crore right through 2017-18, rising by 11.three per cent.
India's gross domestic product is estimated to have slowed to a five-year low of 5.eight per cent within the closing quarter of fiscal ended March 2018-19, mainly because of deficient display within the farm and production sectors.
The enlargement in gross domestic product (GDP) was once slowest since 2014-15. The previous low was once 6.4 per cent in 2013-14.
For full yr 2018-19, the economic enlargement is estimated at 6.eight per cent, in comparison 7.2 per cent within the previous yr.
Per-capita income rises 10% FY19
![Per-capita income rises 10% FY19]()
Reviewed by Kailash
on
June 01, 2019
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