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Delhi’s per capita income up,second highest in country

Showing sustained economic growth,Delhi’s per capita annual income registered an increase of over 16 per cent in the last fiscal year.

Written by Express News Service | New Delhi | Published: April 28, 2012 1:17:26 am

Showing sustained economic growth,Delhi’s per capita annual income registered an increase of over 16 per cent in the last fiscal year. According to a report released by the Chief Minister,the growth is thrice the national average and the second highest in the country.

The report,prepared by the Directorate of Economics and Statistics of the city government,says that the per capita income last fiscal year in Delhi at current prices and without factoring in inflation has been estimated at Rs 1,75,812,an increase of Rs 25,159 from 2010-11.

Goa was at the top with a per capita income of Rs 1,92,652 and Haryana took the third spot with a per capita income of Rs 1,09,227. The national average was estimated to be Rs 60,972.

On the basis of constant prices,the per capita income in Delhi was estimated at Rs 1,19,032 in 2011-12,a jump of Rs 10,156 compared to the previous fiscal. The national average was estimated to be Rs 38,005 in 2011-12,up from Rs 35,993 in 2010-11.

Dikshit said,“The figures indicate that the economy of Delhi is on the path of sustainable economic growth in a considerable manner.” Officials said the per capita income of Delhi in 1998-99 was Rs 40,060 against Rs 1,75,812 in 2011-12. They said this reflects a hike of 339 per cent in the last 13 years.

The gross state domestic product (GSDP) of Delhi at current prices for 2011-12 has been estimated at Rs 3.13 lakh crore,an increase of 18.7 per cent over the previous fiscal. The contribution of Delhi towards the national GDP was 3.8 per cent in 2011-12 with 1.4 per cent of the country’s population.

The report said the economy of the Capital grew at 11.43 per cent during 2011-12 against 10.92 per cent in 2010-11. The Chief Minister,who also holds the finance portfolio,said while releasing the report that the GSDP of Delhi at current prices for 2011-12 has been estimated at Rs 3,13,934 crore against Rs 2,64,496 crore in 2010-11.

As per the report,the share of service sector in GSDP of Delhi was about 82 per cent,followed by secondary sector at 17 per cent and primary sector at 0.87 per cent. The primary sector comprises agriculture and allied services while secondary sector consists of construction and manufacturing sectors. Dikshit said the city was developing as a major centre of service sector,leaving neighbouring cities like Noida and Gurgaon behind.

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