Success in my Habit

Wednesday, January 8, 2020

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

During 2019-20, India's per-capita monthly income is estimated to have increased by 6.8 per cent to Rs 11,254 (US$ 161.02), according to the Government data on national income.

The monthly per-capita income in 2018-19 stood at Rs 10,534 (US$ 150.72).

"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 an important indicator that shows the prosperity of a country.

According to first advance estimates of the national income released by the National Statistical Office, poor performance of manufacturing and construction sectors is estimated to decrease the country’s economic growth to 11-year low of 5 per cent in 2019-20.
#Sukumar #Innokaiz #Gembrio #Taiyangxi #Unmei #Fuehrer
#Brainstormautomotive #Sukumarbalakrishnan

No comments: