India's per capita real income grew 2.1% to Rs38,856 in FY'13

news
01 February 2014

India's per capita net national income (NNI) at factor cost, in real terms, is estimated to have increased by 2.1 per cent to Rs38,856 during 2012-13, from Rs38,048 in 2011-12. Per capita income (NNI) had grown at a faster rate of 5.1 per cent during the previous year.

Per capita income at current prices is estimated to have grown at 9.7 per cent to Rs67,839 in 2012-13, from Rs61,855 in the previous year, which had recorded a higher rate of growth of 14.5 per cent.

The per capita private final consumption expenditure (PFCE) at current prices in 2012-13 is estimated to have increased by 10.9 per cent to Rs47,429, from Rs42,778 in the previous financial year (2011-12), which had increased by 16.4 per cent. The corresponding estimates at constant (2004-05) prices PFCE rose 3.7 per cent to Rs29,150 in the year 2012-13 from Rs28,107 in the previous financial year, which had grown by 7.8 per cent.

PFCE at current prices is estimated at Rs57,70,000 crore in 2012-13, against Rs51,40,000 crore in 2011-12. At constant (2004-05) prices, PFCE is estimated at Rs35,50,000 crore in 2012-13 against Rs33,80,000 crore in 2011-12. 

In terms of GDP at market prices, PFCE at current and constant (2004-05) prices during 2012-13 are estimated at 57.1 per cent and 60.1 per cent, respectively, as against the corresponding rates of  57.1  per cent and 60 per cent, respectively in 2011-12.

Gross domestic product (GDP) at factor cost at constant (2004-05) prices in 2012-13 is estimated to have grown at a slow pace of 4.5 per cent to Rs54,80,000 crore from Rs52,50,000 crore in 2011-12, which in turn had grown at a faster pace of  6.7 per cent. At current prices, GDP in 2012-13 is estimated to have grown by 11.9 per cent to Rs93,90,000 crore from Rs83,90,000 crore in 2011-12, which in turn had grown at 15.8 per cent year-on-year.

At constant (2004-05) prices, India's gross national income (GNI) at factor cost in 2012-13 is estimated to have grown at a pace of 4.1 per cent to Rs54,20,000 crore, from Rs52,00,000 crore in 2011-12, which in turn had grown at a pace of 6.9 per cent.  At current prices, the GNI in 2012-13 is estimated to have increased by 11.5 per cent to Rs92,70,000 crore, from Rs83,10,000 crore in 2011-12, which in turn had increased by 16.0 per cent.

The Central Statistics Office (CSO) on Friday released data on the first revised estimates of national income, consumption expenditure, saving and capital formation for the financial year 2012-13 along with the second revised estimates for the year 2011-12 and third revised estimates for the year 2010-11.





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