India's growth rate of national income to rise to 9.9%

New Delhi, May 31 (UNI) The growth rate of the National Income (NI) is estimated to rise to 9.9 per cent during 2006-07 in comparison to 9.1 per cent in 2005-06, according to the revised NI and quarterly estimates of Gross Domestic Product (GDP) for 2006-07.

According to official data released here today, the Central Statistical Organisation (CSO) has upwardly revised the NI estimates at 1999-2000 constant prices and has now projected the Net National Product (NNP) at Rs 25,22,576 crore as compared to Rs 25,15,372 crore as estimated earlier for the financial year 2006-07.

This is against the previous year's Quick Estimate (QE) of Rs 22,95,243 crore.

The per capita income in real term at 1999-2000 prices during 2006-07 is estimated to attain a level of Rs 22,483 as against Rs 22,379 as estimated on February 7 this year as compared to the QE for the year 2005-06 of Rs 20,734.

The growth rate in per capita income is estmated at 8.4 per cent during 2006-07.

The NNP of NI at factor cost at current prices is now estimated at Rs 32,96,639 crore during 2006-07 as compared to Rs 28,46,762 crore during 2005-06 -- showing a rise of 15.8 per cent.

The per capita income at current prices during 2006-07 is estimated to attain a level of Rs 29,382 as compared to the QE for the year 2005-06 of s 25,716 -- a rise of 14.3 per cent.

The GDP at the current prices in the year 2006-07 is estimated at Rs 37,43,472 crore showing a growth rate of 15.2 per cent over the QE of GDP for the year 2005-06 of Rs 32,50,932 crore as released on January 31, 2007.

The GDP growth rate at constant prices has been put at 9.4 per cent for 2006-07. In 2004-05 it was 7.5 per cent and in 2005-06 it was nine per cent.

The CSO has also estimated the growth rate in per capita income at 8.4 per cent during 2006-07. In 2004-05 it was 5.7 per cent and 2005-06 it was 7.4 per cent.

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