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LATEST NEWS UPDATES | Delhi sees 13.5% rise in per capita income

Delhi sees 13.5% rise in per capita income

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published Published on Jun 25, 2015   modified Modified on Jun 25, 2015
-PTI

NEW DELHI: Delhi's per capita income during financial year 2014-15 has increased to Rs 2.41 lakh from Rs 2.12 lakh in the previous fiscal, a rise of nearly 13.50 per cent over the period.

Besides, the per capita income of the national capital is almost three times its value for the country, which stands at Rs 87,748, according to Economic Survey of Delhi 2014-15 tabled in the Delhi Assembly on Wednesday.

As per the survey, the gross state domestic product (GSDP) at current prices during 2014-15 has increased to over Rs 4.51 lakh crore, a growth of 15.35 per cent over the previous year.

At constant prices, the growth of the gross state domestic product for 2014-15 is 8.2 per cent as compared to 7.4 per cent recorded at national level.

As per the survey, the fiscal deficit of Delhi government was Rs 2,21.25 crore in 2014-15, which is 0.049 per cent of GSDP, as compared to estimated fiscal deficit of 2.35 per cent of all states during the same year.

The expenditure incurred on social service sectors in Delhi increased from 48.79 per cent in 10th Five Year Plan to 57.12 per cent in the 11th Five Year Plan and 65.75 per cent for the first three years of the 12th Five Year Plan.

Tax collection of Delhi government registered a growth of 2.64 per cent in 2014-15 as compared to the growth of 10.60 per cent in 2013-14, it said.

Delhi has maintained its consistent revenue surplus which was Rs 6,079.53 crore in 2014-15 as compared to Rs 5,615.37 crore in 2013-14.

The Times of India, 24 June, 2015, http://timesofindia.indiatimes.com/business/india-business/Delhi-sees-13-5-rise-in-per-capita-income/articleshow/47802205.cms


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