Posted 3/1/2024, 6:38:49 PM
India's Per Capita Income Revised Upwards to Rs 2.14 Lakh in 2023-24; Gross Savings Decline
- India's per capita disposable income estimated at ₹2.14 lakh in 2023-24, higher than earlier estimate of ₹2.12 lakh
- Corrigendum issued to GDP data released on Thursday
- Changes in gross national disposable income, net national disposable income, and per capita disposable income
- Per capita disposable income grew 8% in 2023-24 and 13.3% in 2022-23
- India's gross savings declined to 29.7% in 2022-23 from 30.8% in previous year