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.
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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
Expenditure on Central schemes up 20% in FY24
India's expenditure on Central schemes in FY23 rose from budgeted ₹16.2 lakh crore to ₹18.6 lakh crore.
Retail, NBFCs drive credit offtake in FY23
India's gross bank credit off-take rose 15% in FY23 to ₹136.8 lakh crore. The growth was led by sectors such as NBFCs, personal loan and services segments.
The Start-up Boom
The Indian start-up ecosystem is now the third-largest in the world, thanks to the rise of digital technologies and growth in the number of young entrepreneurs.
Infographic: Rail accidents decline sharply
In FY22, there was only one level crossing accident and two collisions
Infographics
Expenditure on Central schemes up 20% in FY24
India's expenditure on Central schemes in FY23 rose from budgeted ₹16.2 lakh crore to ₹18.6 lakh crore.
Retail, NBFCs drive credit offtake in FY23
India's gross bank credit off-take rose 15% in FY23 to ₹136.8 lakh crore. The growth was led by sectors such as NBFCs, personal loan and services segments.
The Start-up Boom
The Indian start-up ecosystem is now the third-largest in the world, thanks to the rise of digital technologies and growth in the number of young entrepreneurs.
Infographic: Rail accidents decline sharply
In FY22, there was only one level crossing accident and two collisions
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