The Parliament today was informed that India's average per capita income in the last four financial years was higher at Rs 79,882 as compared to the preceding four fiscals. Between 2011-12 to 2014-15, it was much lesser at Rs 67,594. Per capita income measures the average income earned by a person in the country for the given period.
In a written reply to the Lok Sabha, Minister of State for Statistics Vijay Goel said, "The average Per Capita NNI (net national income) in the country during 2011-12 to 2014-15 is estimated at Rs 67,594 whereas average Per Capita NNI in the country during 2014-15 to 2017-18 is estimated at Rs 79,882."
The minister's reply was to a question on whether India's average per capita income during the last four years has been much higher than the average per capita income of previous four years. The data according to his statement says that the per capita income in India grew by :
- 4.6 percent in 2013-14 to Rs 68,572
- 6.2 percent to Rs 72,805 in 2014-15
- 6.9 percent to Rs 77,826 in 2015-16 and
- 5.7 percent to Rs 82,229 in 2016-17