Tuesday, 5 July, 2022
HomeEconomyIndia's per-capita income rises 6.8 per cent to Rs 11,254 a month...

India’s per-capita income rises 6.8 per cent to Rs 11,254 a month in FY20

Data on the annual national income and GDP 2019-20 was released by the Ministry of Statistics and Programme Implementation. The per-capita income is a crude indicator of a country's prosperity.

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New Delhi: The country’s per-capita monthly income is estimated to have risen by 6.8 per cent to Rs 11,254 during 2019-20, government data on national income showed on Tuesday.

In 2018-19, the monthly per-capita income had stood at Rs 10,534.

“The per-capita net national income during 2019-20 is estimated to be Rs 1,35,050 showing a rise of 6.8 per cent as compared to Rs 1,26,406 during 2018-19 with the growth rate of 10.0 per cent,” according to the annual national income and GDP 2019-20 data released by the Ministry of Statistics and Programme Implementation (MoSPI).

The per-capita income is a crude indicator of the prosperity of a country.

Poor performance of manufacturing and construction sectors is estimated to pull down the country’s economic growth to 11-year low of 5 per cent in 2019-20, according to first advance estimates of the national income released by the National Statistical Office.


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2 COMMENTS

  1. It is 11254 per month.average/median per capita income. That means 50% of the population makes less than Rs11254 Tragic.

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