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How much does an average Delhiite earn? Economic Survey provides an answer

The survey was presented by finance minister Kailash Gahlot on the second day of the budget session in the Delhi assembly

Delhiite earningThe Advance Estimate of Per Capita Income of Delhi at current prices during 2022-23 is estimated at Rs 4.44 lakh. (Representational)
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Delhi’s per capita income in 2021-22, which measures the average income earned per person in a given area, was Rs 3.89 lakh, or around Rs 32,500 a month. This is up from ₹3.31 lakh in 2020-21, the Delhi Economic Survey, presented by finance minister Kailash Gahlot on the second day of the budget session in the Delhi assembly, has revealed.

The Advance Estimate of Per Capita Income of Delhi at current prices during 2022-23 is estimated at Rs 4.44 lakh, registering a growth of 14.18% over the previous year, the report said.

The report also said that overall economic activity in Delhi recovered faster when compared to the rest of the country as compared to pre-pandemic levels. Other key takeaways from the report include:

In the years 2021-22 and 2022-23, a sharp recovery of real GSDP of Delhi with growth of 9.14% and 9.18% respectively is based on a low base effect and inherent strengths of the economy.

Tax collection registered a growth of 36% during 2021-22 (Provisional) as compared to the negative growth of 19.53% in 2020-21 (due to Covid pandemic) Stamps and Registration Tax (including land Revenue) recorded the highest growth of 46.70% in 2021-22 (Provisional). GST (including VAT and other taxes of Luxury and Entertainment etc.) recorded a substantial growth of 36.22%. Tax collections under State Excise had a robust growth of 33.58%.

Motor Vehicles Tax has shown a growth of 16.67%. The tax collection for the year 2022-23 is budgeted with a growth of 19.19% over the previous year.

The targeted revenue collection for the year 2022-23 (BE) is Rs 61,288.59 crore, a growth of 24.28% over the previous year.

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Delhi has maintained its consistent Revenue Surplus — it increased to Rs 3,270 crore during 2021-22 (Provisional) as compared to Rs 1,450 crore in 2020-21. The outstanding debt was Rs 41481.50 crore as on December 31, 2022.

Delhi’s economy has a predominant Service Sector with its share of contribution to Gross State Value Added (at current prices) at 84.84% during 2022-23 followed by contribution of Secondary Sector (12.53%) and Primary Sector (2.63%).

The percentage contribution of agriculture sector to Gross Value Added at current prices reduced from 0.94% in 2011-12 to 0.31% in 2022-23

The total gross cropped area in Delhi increased to 47,850 hectares in 2021-22 which was at 36,445 hectares during 2011-12.

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Income from manufacturing has increased from Rs 18,907 crore in 2011-12 to Rs 39,897 crore in 2022-23. Percentage contribution of manufacturing to Gross Value Added decreased from 6.24% in 2011-12 to 4.35% in 2022-23.

Contribution of the secondary sector to the total Gross Value Added of Delhi has also decreased from 13.09% in 2011- 12 to 12.53% in 2022-23.

Number of motor vehicles on road in Delhi in 2021-22 was 79.18 lakh, showing the decrease by 35.38% because Delhi government has banned diesel vehicles older than 10 years and petrol vehicles older than 15 years.

48,77,646 vehicles till 2021-22 have been de-registered and total vehicles per thousand population decreased considerably from 655 in 2020-21 to 472 in 2021-22.

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