Lok Sabha Question No. 2245 (UNSTARRED), answered on 2023-08-02
Subject: Per Capita Income
Ministry: STATISTICS AND PROGRAMME IMPLEMENTATION
Asked by: Kalyan Banerjee

## GOVERNMENT OF INDIA

## MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION

## LOK SABHA UNSTARRED QUESTION NO. 2245

TO BE ANSWERED ON 02.08.2023

## PER CAPITA INCOME

## 2245. SHRI KALYAN BANERJEE :

Will the Minister of STATISTICS AND PROGRAMME IMPLEMENTATION be pleased to State:

- (a) whether India's per capita Net National Income (NNI) in real terms, increased by about 35 percent from Rs.72,805 in 2014-15 to Rs.98,118 in 2022-23;
- (b) if so, whether Government plans was to double the NNI by 2015;
- (c)  the  details  of  inflation  rate  since  2014-15  and  the  growth  in  per capita income during each year; and
- (d) the report of price research organisation on annual income of 'Poor Income'  data  base  in  terms  of  inflation  rates  during  the  last  eight years?

## ANSWER

MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF STATISTICS  AND  PROGRAMME  IMPLEMENTATION,  MINISTER  OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF PLANNING AND MINISTER OF STATE IN THE MINISTRY OF CORPORATE AFFAIRS [RAO INDERJIT SINGH]

(a): Yes sir. As per latest provisional estimate published on 31st May, 2023, India's per capita Net National Income (NNI) at constant (2011-

12)  prices  increased  by  35.12  percent  from  Rs.  72,805  in  2014-15  to Rs. 98,374 in 2022-23. (b): Government had not planned to double the NNI by 2015. (c): The all India Financial Year wise Average Inflation Rate based on all  India  Consumer  Price  Index  and  the  growth  in  per  capita  income during 2014-15 to 2022-23 is given below:

| CPI Base 2012=100   | CPI Base 2012=100      | Growth rate of Per Capita NNI (In %)   | Growth rate of Per Capita NNI (In %)   |
|---------------------|------------------------|----------------------------------------|----------------------------------------|
| Year                | Inflation based on CPI | At Current Prices                      | At Constant (2011-12) Prices           |
| 2014-15             | 5.93                   | 9.5                                    | 6.2                                    |
| 2015-16             | 4.91                   | 9.4                                    | 6.7                                    |
| 2016-17             | 4.52                   | 10.6                                   | 6.9                                    |
| 2017-18             | 3.59                   | 9.9                                    | 5.5                                    |
| 2018-19             | 3.41                   | 9.3                                    | 5.2                                    |
| 2019-20             | 4.77                   | 5.1                                    | 2.5                                    |
| 2020-21             | 6.16                   | -4.0(2 nd RE)                          | -8.9(2 nd RE)                          |
| 2021-22             | 5.51                   | 16.9(1 st RE)                          | 7.6(1 st RE)                           |
| 2022-23             | 6.65                   | 16.0(PE)                               | 6.3(PE)                                |

RE-Revised Estimates, PE- Provisional Estimates

(d):  Government  is  not  aware  of  such  study  by  price  research orgainisation mentioned in the question.

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