PER CAPITA INCOME OF INDIANS

The per capita income of Indians has grown by 10.5% in 2009-10 against 2008-09. The average income of Indians now stands at Rs 44,749 ($972) as against Rs 40,141 ( $ 873) of the previous year at current prices.

Per capita income at fixed price however grew by 5.6% in 2009-10 and factors in inflation also.

Per capital income means income of each Indian, assuming national income is evenly divided among the country's population of 117 Cr (1.17 Billion). At market price, size of the economy rose to Rs 62, 31,171 Cr ($ 1355 Billion) in 2009-10, up 11.8% from Rs 55, 74,449 Cr ($ 1212 Billion) in 2009-09. At 2004-05 prices. the size of GDP stood at Rs 44, 64,081 Cr ($ 970 Billion) in 2009-10 as against Rs 41, 54,973 Cr (903 Billion) in 2008-09.

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