Per Capita Income of Indians to Cross Rs 1 lakh in 2016-17.
The estimates of national income (measured as net national income) and per capita income (measured as per capita net national income) of the country during the last three years are as under:
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This information was given by Minister for Statistics and Programme Implementation Shri D.V. Sadananda Gowda in a written reply to a question in Lok Sabha.
What is Per Capita Income?
Per capita income or average income measures the average income earned perperson in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population.
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