NEW DELHI: Per capita income of Indians grew by 17.9 per cent to Rs 54,835 in 2010-11 from Rs 46,492 in the year-ago period, according to the revised data released by the government today.
The new per capita income figure estimates on current market prices is over Rs 8,000 more than the previous estimate of Rs 46,492 calculated by the Central Statistical Organisation.
Per capita income means earnings of each Indian if the national income is evenly divided among the country's population.
However, the increase in per capita income was only about 6.5 per cent in 2010-11 if it is calculated on the prices of 2004-05 prices, which is a better way of comparison and broadly factors inflation.
Per capita income (at 2004-05 prices) stood at Rs 35,917 in FY11 as against Rs 33,731 in the previous year, the latest data on national income said.
The size of the economy at current prices rose to Rs 73,06,990 crore in 2010-11, up 19.1 per cent over Rs 61,33,230 crore in FY10.
The country's population increased to 121 crore at the end of March 2011, from 117 crore in fiscal 2009-10.
The new per capita income figure estimates on current market prices is over Rs 8,000 more than the previous estimate of Rs 46,492 calculated by the Central Statistical Organisation.
Per capita income means earnings of each Indian if the national income is evenly divided among the country's population.
However, the increase in per capita income was only about 6.5 per cent in 2010-11 if it is calculated on the prices of 2004-05 prices, which is a better way of comparison and broadly factors inflation.
Per capita income (at 2004-05 prices) stood at Rs 35,917 in FY11 as against Rs 33,731 in the previous year, the latest data on national income said.
The size of the economy at current prices rose to Rs 73,06,990 crore in 2010-11, up 19.1 per cent over Rs 61,33,230 crore in FY10.
The country's population increased to 121 crore at the end of March 2011, from 117 crore in fiscal 2009-10.
