per capita revenue: India’s per capita revenue stays beneath pre-Covid degree in 2021-22


India’s annual per capita revenue at fixed costs remained beneath the pre-COVID degree at Rs 91,481 in 2021-22, official information confirmed on Tuesday. Nevertheless, the per capita revenue primarily based on Web Nationwide Revenue (NNI) at fixed value grew by 7.5 per cent in FY22 over the earlier 12 months.

The per capita revenue at fixed value was Rs 94,270 in 2019-20 earlier than it dipped to Rs 85,110 in 2020-21 on account of the disruption in financial actions attributable to COVID-19 pandemic and subsequent lockdowns.

At present costs, the per capita revenue rose by 18.3 per cent to Rs 1.5 lakh throughout in 2021-22 fiscal.

The per capita revenue at present costs had dipped to Rs 1.27 lakh in 2020-21 from Rs 1.32 lakh in 2019-20.

The per-capita revenue is a crude indicator of the prosperity of a rustic.

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