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Per Capita Income

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..... Per Capita Income - News and Press Release Dated:- 25-7-2014 - News - Minister of State (Independent Charge) for Statistics Programme Implementation Shri Rao Inderjit Singh has said that the United Nations Statistics Division (UNSD) does not provide any rankings to the countries on GDP or Per Capita Income (measured as Per Capita Gross National Income by the UNSD). However, ranking countries .....

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..... based on their National Accounts Main Aggregates Database, December 2013, India s rankings in the world with regard to Gross Domestic Product and Per Capita Gross National Income at current prices comes out 10 and 161 respectively. In a written reply in the Lok Sabha today Shri Singh said, the estimates of Per Capita Income (measured as Per Capita Net National Income) and National Income (Net .....

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..... National Income), at current and constant (2004-05) prices, during the last three years and the current year, are as under: Year Per Capita Income (in Rs.) National Income (Rs. in crore) Per Capita Income (in Rs.) National Income (Rs. in crore) At current prices .....

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..... At constant(2004-05) prices 2010-11 54,021 64,06,834 36,202 42,93,585 2011-12 61,855 74,34,965 38,048 45,73,329 2012-13 67,839 82,55,978 38,856 .....

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..... 47,28,776 2013-14 74,380 91,71,045 39,904 49,20,183 A statement on percentage increase in per capita income and National Income during the last three years is given below: Year Per Capita Income National Income Per Capita Income .....

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..... National Income At current prices At constant(2004-05) prices 2011-12 14.5% 16.0% 5.1% 6.5% 2012-13 9.7% 11.0% 2.1% 3.4% 2013-14 9.6% .....

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..... 11.1% 2.7% 4.0% Shri Singh said, the Government has taken several steps to address the slowdown in GDP growth. The Union Budget 2014-15 outlined several initiatives to boost investment in infrastructure and industry, that inter-alia include FDI in Defence and Insurance sectors, Incentives for Rural Estate Investment Trusts (REITS), skill devel .....

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..... opment in rural areas, impetus to rural roads, extension of ten-year tax holiday to the undertakings in the power sector, development of industrial corridors with emphasis on Smart Cities linked to transport connectivity to spur growth in manufacturing, etc. All these measures aimed at accelerating growth will also have a significant effect on per capita income. - News - Press release - PIB Tax .....

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..... Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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