India's per capita income is projected to soar 10.4 per cent to Rs. 74,920 in 2013-14 as the country becomes a $1.7-trillion (around Rs. 105 lakh crore) economy.Per capita income is calculated by evenly dividing a country's national income by its population.
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.
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.