Per capita income of 117 crore Indians in FY10 is Rs 46,492

Written by: Pti
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New Delhi, Jan 31 (PTI) Per capita income of Indians grewby 14.5 per cent to Rs 46,492 in 2009-10 from Rs 40,605 in theyear-ago period, as per the revised data released by thegovernment today.

The new per capita income figure estimates on currentmarket prices is over Rs 2,000 more than the previous estimateof Rs 44,345 calculated by the Central StatisticalOrganisation (CSO).

Per capita income means earnings of each Indian if thenational income is evenly divided among the country''spopulation at 117 crore.

However, the increase in per capita income was only about6 per cent in 2009-10 if it is calculated on the prices of2004-05 prices, which is a better way of comparison andbroadly factors inflation.

Per capita income (at 2004-05 prices) stood at Rs 33,731in FY10 against Rs 31,801 in the previous year, the latestdata on national income said.

The size of the economy at current prices rose to Rs61,33,230 crore in the last fiscal, up 16.1 per cent over Rs52,82,086 crore in FY''09.

Based on 2004-05 prices, the Indian economy expanded by 8per cent during the fiscal ended March 2010. This is higherthan 6.8 per cent growth in fiscal 2008-09.

The country''s population increased to 117 crore at theend of March 2010, from 115.4 crore in fiscal 2008-09.

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