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Per capita
income
·
On May 30,
2008 FM
Chidambaram
released
revised
estimates
putting that
per capita
income of
Indians for
the first
time has
breached Rs
30,000 mark
and
reached to
Rs 32,299
during
2007-08
indicating
their
growing
purchasing
power.
·
Per capita
income at
current
prices rose
by 12.3 per
cent from Rs
29,642 to Rs
32,299
during the
year.
-
At
constant
prices
(1999-2000
prices),
which is
worked out
after
taking
into
account
the
erosion in
purchasing
power of
rupee, the
per capita
income
moved up
to Rs
24,321
representing
an
increase
of 7.8 per
cent
during
2007-08.
·
However,
there has
been a
deceleration
in the
growth of
per capita
income at
current
prices,
which rose
by 12.3 per
cent during
2007-08 as
compared to
an increase
of 14.2 per
cent during
the previous
fiscal.
·
Similarly,
in case of
per capita
income at
constant
prices, the
rate of
increase
decelerated
to 7.8 per
cent as
compared to
8.1 per cent
in the
previous
fiscal.
·
According to
the
estimates,
India's
population
at the end
of 2007-08
has been
estimated at
113.8 crore,
up from
112.2 crore
at the end
of the
previous
fiscal.
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