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India Per Capita Income
India Per Capita Income
Per capita income is calculated by evenly dividing a country's national income by its population.
However, the increase in per capita income would be only 2.8 per cent in 2013-14 if it is calculated on the basis of 2004-05 prices.
Per capita income (at 2004-05 prices) would be Rs. 39,961 in 2013-14, against Rs. 38,856 in the previous fiscal year, according to
the latest data on national income.
The size of the economy at current prices is projected to rise to Rs.105.39 lakh crore at the end of fiscal year 2013-14, up 12.26 per
cent from Rs. 93.88 lakh crore in FY13.
Based on 2004-05 prices, the Indian economy is projected to expand by 4.9 per cent in the 2013-14 fiscal year. This is higher than
4.5 per cent growth in 2012-13.
The country's population is expected to increase to 123 crore by the end of March 2014, from 121.7 crore in March 2013.