Posted 3/2/2024, 1:39:00 AM
Delhi Bucks National Trends with Robust Growth and Low Inflation Despite Obstacles
- Delhi's economy projected to grow at 9.2% in 2023-24 despite obstacles created by central government and bureaucracy
- Delhi's per capita income expected to increase by combined 22% in 2022-23 and 2023-24, 2.5 times national average
- Delhi contributed approx 4% of India's GDP with just 1.5% of population
- Delhi's inflation rate much lower than national rate at 2.8% vs 5.6%
- Revenue surplus grew from Rs 3,270 crore in 2013 to Rs 14,457 crore in 2022-23 due to strong tax collection growth
