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What is the Current Per Capita Income of Delhi and How Does It Compare to the National Average?

 

AspectDetails
Current Per Capita Income (2020-21)₹3,54,004
Previous Year Per Capita Income (2019-20)₹3,76,221
Growth Rate (Year-on-Year)-5.9% (Due to economic impact of COVID-19)
Comparison to National AverageApproximately 3 times the national average
Historical GrowthSteady increase over the past decade, with occasional fluctuations due to economic conditions
Economic Sectors ContributionServices (80%), Industry (15%), Agriculture (5%)
Major Contributing IndustriesIT & Software, Telecommunications, Banking & Finance, Real Estate, Tourism, Media & Entertainment
Employment RateHigher employment rate compared to national average
Unemployment RateLower than the national average
Economic PoliciesBusiness-friendly policies, emphasis on infrastructure development, focus on digital economy
Government InitiativesDelhi Mumbai Industrial Corridor (DMIC), Smart Cities Initiative, Startup India
Impact of COVID-19Temporary decline in per capita income, economic slowdown, recovery efforts underway
Future ProjectionsExpected to grow steadily post-pandemic recovery
Public ExpenditureSignificant investment in healthcare, education, and infrastructure
Social IndicatorsHigh literacy rate, better healthcare facilities, improved living standards
Comparison with Other Indian StatesOne of the highest per capita incomes in India
ChallengesManaging economic disparities, ensuring inclusive growth, addressing unemployment
OpportunitiesExpanding digital economy, enhancing skill development, boosting investment in emerging sectors

FAQs about Per Capita Income of Delhi

1. What is the current per capita income of Delhi?

Answer: The current per capita income of Delhi for the year 2020-21 is ₹3,54,004.

2. How does the per capita income of Delhi compare to the national average?

Answer: The per capita income of Delhi is approximately 3 times the national average.

3. What was the per capita income of Delhi in the previous year (2019-20)?

Answer: The per capita income of Delhi in the year 2019-20 was ₹3,76,221.

4. What is the year-on-year growth rate of per capita income in Delhi?

Answer: The year-on-year growth rate of per capita income in Delhi is -5.9%, primarily due to the economic impact of COVID-19.

5. Which economic sectors contribute the most to Delhi's per capita income?

Answer: The major contributing sectors to Delhi's per capita income are Services (80%), Industry (15%), and Agriculture (5%).

6. What are the major contributing industries to Delhi's economy?

Answer: The major contributing industries in Delhi include IT & Software, Telecommunications, Banking & Finance, Real Estate, Tourism, and Media & Entertainment.

7. How has COVID-19 impacted the per capita income of Delhi?

Answer: COVID-19 has caused a temporary decline in per capita income due to economic slowdown. Recovery efforts are currently underway.

8. What are the future projections for per capita income growth in Delhi?

Answer: The per capita income in Delhi is expected to grow steadily post-pandemic recovery.

9. How does Delhi's employment rate compare to the national average?

Answer: Delhi has a higher employment rate compared to the national average.

10. What government initiatives are supporting economic growth in Delhi?

Answer: Key government initiatives supporting economic growth in Delhi include the Delhi Mumbai Industrial Corridor (DMIC), Smart Cities Initiative, and Startup India.

11. What are the main challenges faced by Delhi in terms of economic growth?

Answer: The main challenges include managing economic disparities, ensuring inclusive growth, and addressing unemployment.

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