Per capita income jumps to Rs 54,835

Per capita income means earnings of each Indian if the national income is evenly divided among the country8217;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 India8217;s population increased to 121 crore at the end of March 2011,from 117 crore in fiscal 2009-10.