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2w ago

India’s Per Capita Income Hits ₹1.14 Lakh With Widening State Gaps

Provisional data show a 57.5% rise over a decade, highlighting deep structural, governance-driven differences across states.

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Overview

  • MoSPI’s provisional estimates place India’s per capita net national income at constant prices at ₹1,14,710 in FY2024-25, up from ₹72,805 in 2014-15.
  • Uttarakhand (33.5%), Punjab (41.3%), Rajasthan (49.8%) and Chhattisgarh (52.4%) recorded the slowest per capita income growth between FY15 and FY25.
  • Odisha (96.7%), Karnataka (93.6%), Telangana (85.3%) and Tamil Nadu (83.3%) nearly doubled their per capita incomes over the same period.
  • In FY2023-24, Goa led with ₹3.57 lakh per capita income and Bihar trailed at ₹32,227, while Uttar Pradesh and other states have yet to report FY25 figures.
  • Finance Minister Pankaj Chaudhary attributed disparities to variations in economic structure, industrialisation and governance, pledging continued Sabka Saath, Sabka Vikas efforts.