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Per Capita Income Doubled In 7 Years: CSO

Per Capita Income Doubled In 7 Years: CSO_50.1

The income earned by an average Indian doubled in 7 years, from Rs 63,642 per year in 2011-12 to Rs 1.25 lakh in 2018-19, the first advance estimates of national income released by the Central Statistics Office (CSO) show.

The year-on-year growth in per capita income had touched its bottom in 2017-18 under the current national accounts series (the base year 2011-12) at 8.6 %. In 2018-19, it has bounced back to 11.1%. Per capita net national income in nominal terms has been taken as an indicator representative of the average income per person.

Source: The Business Standard

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