Over the past decade, Uttarakhand, Punjab, Rajasthan, and Chhattisgarh have registered the slowest growth in per capita income in India, according to newly released government data.While India’s overall per capita net income at constant prices has grown from ₹72,805 in 2014-15 to ₹1,14,710 in 2024-25 (an increase of around 57.5%), state-level figures suggest that this growth has not been evenly distributed.
Among the slower-growing states are:
Uttarakhand saw its per capita income rise by only 33.5% between FY15 and FY25, the lowest among all major states with available data.Punjab grew by 41.3% over the same period.Rajasthan and Chhattisgarh followed closely, with growth rates of 49.8% and 52.4% respectively.West Bengal and Maharashtra, two of India’s most populous states, also registered relatively modest growth rates of 51.8% and 53.6%, respectively.In contrast, southern and eastern states like Odisha (96.7%), Karnataka (93.6%), Telangana (85.3%), and Tamil Nadu (83.3%) led the charts, nearly doubling their per capita incomes over the decade.Per capita income is the average income earned per person in a region in a given year, calculated by dividing the region’s total income by its population.Several states, including Uttar Pradesh, India’s most populous, did not report per capita income figures for FY25. As of FY24, UP’s per capita income stood at ₹50,341, which was a 47.9% increase since 2013-14. Other states with missing data for FY25 include Bihar, Goa, Delhi, and Jharkhand.Minister of State for Finance Pankaj Chaudhary said that the uneven growth in per capita income across states can be attributed to a range of factors, including differences in economic structure, levels of industrialisation, governance models, and social infrastructure.He added that the government remains committed to the principle of inclusive development and continues to pursue targeted initiatives aimed at reducing inequality and boosting incomes across all regions.India became the world’s fourth-largest economy in June this year. The country overtook Japan, with a projected GDP of $4.187 trillion. India remains the fastest-growing major economy, with real GDP growing at 6.5%.Nominal GDP has nearly tripled in 10 years, from ₹106.57 lakh crore in 2014-15 to ₹331.03 lakh crore in 2024-25. Per capita income has also seen sharp growth, rising from ₹86,647 in 2015 to ₹2.4 lakh in 2025, an increase of 188%.Though per capita income is still low compared to richer countries due to India’s large population, it has steadily improved. In 2023, it was around ₹1.6 lakh, and in 2024 nearly ₹1.8 lakh.
Source link
