A decade ago, in FY22, India's per capita Income stood at ₹71,609. In FY23, it is projected to be ₹1.97 lakh-- a growth of 175% in 10 years. In 1950, it was at ₹265. The growth in per capita took a hit in FY21 due to Covid but has gained momentum since.
Top Stories
Infographics
Budget 2023: India's Per Capita Income Nears ₹2 Lakh
In FY23, it is projected to be ₹1.97 lakh-- a growth of 175% in 10 years. In 1950, it was at ₹265.
Infographics
The Big Picture: Capex Push, Fiscal Prudence
The Central government stuck to the fiscal consolidation roadmap while announcing one of the biggest hikes in capital expenditure and increase in social spending in Budget 2023.
The Pros and Cons of Compounding
A company compounding its topline growth can be an encouraging sign for an investor that his firm is on a growth trajectory, though that doesn’t necessarily mean it is achieving growth profitably.
Budget 2023: Expenditure on govt schemes grows 4%
The expenditure on government schemes are expected to increase by 4.3% to ₹19.4 lakh crore in next fiscal FY24.
Budget 2023: Defence capital outlay enhanced
The government has proposed a budgetary allocation of ₹5.94 lakh crore for the defence ministry.
Infographics
The Big Picture: Capex Push, Fiscal Prudence
The Central government stuck to the fiscal consolidation roadmap while announcing one of the biggest hikes in capital expenditure and increase in social spending in Budget 2023.
The Pros and Cons of Compounding
A company compounding its topline growth can be an encouraging sign for an investor that his firm is on a growth trajectory, though that doesn’t necessarily mean it is achieving growth profitably.
Budget 2023: Expenditure on govt schemes grows 4%
The expenditure on government schemes are expected to increase by 4.3% to ₹19.4 lakh crore in next fiscal FY24.
Budget 2023: Defence capital outlay enhanced
The government has proposed a budgetary allocation of ₹5.94 lakh crore for the defence ministry.
Leave a Comment
Your email address will not be published. Required field are marked*