Английская Википедия:Income in India

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Шаблон:Short description Шаблон:Use dmy dates Шаблон:Use Indian English Шаблон:Tone Income in India discusses the financial state in India. With rising economic growth and prosperity, India's income is also rising rapidly. As an overview, India's per capita net national income or NNI was around 9.97 lakh rupees in 2022. The per-capita income is a crude indicator of the prosperity of a country. In contrast, the gross national income at constant prices stood at over 128 trillion rupees. The same year, GRI growth rate at constant prices was around 6.6 percent. While GNI and NNI are both indicators for a country's economic performance and welfare, the GNI is related to the GDP or the Gross Domestic Product plus the net receipts from abroad, including wages and salaries, property income, net taxes and subsidies receivable from abroad. On the other hand, the NNI of a country is equal to its GNI net of depreciation.

Financial year data

GDP per capita, GNI per capita and NNI per capita of India

Year	At current prices (INR)			At 2011-12 prices (INR)
	GDP per capita	GNI per capita	NNI per capita	GDP per capita	GNI per capita	NNI per capita
2022-23	196,983	193,044	172,276	115,746	113,395	98,374
2021-22	171,498	168,066	148,524	109,060	106,822	92,583
2020-21	146,301	144,334	127,065	100,981	99,578	86,054
2019-20	149,701	148,261	132,115	108,247	107,191	94,270
2018-19	142,328	140,804	125,883	105,526	104,377	92,241
2017-18	130,061	128,655	115,224	100,035	98,925	87,586
2016-17	118,489	116,070	103,870	94,752	93,639	83,003
2015-16	107,342	106,096	94,797	88,617	87,565	77,659
2014-15	98,405	97,241	86,647	83,091	82,107	72,805
2013-14	89,796	88,678	79,118	78,348	77,370	68,572
2012-13	80,519	79,573	70,983	74,600	73,722	65,538
2011-12	71,610	70,980	63,462	71,610	70,980	63,462

India's nominal per capita income was US$1,670 per year in 2016, ranked 112th out of 164 countries by the World Bank, while its per capita income on purchasing power parity (PPP) basis was US$5,350, and ranked 106th. Other estimates for per capita gross national income and gross domestic product vary by source. For example, India's average GDP per capita on PPP basis in 2009, according to The Economist, was US$5,138, with significant variation among its states and union territories. Goa had the highest per capita PPP GDP at US$14,903, while Bihar the lowest with per capita PPP GDP of US$682 as of 2015 In rupee terms, India's per capita income grew by 10.4% to reach Rs.74,920 in 2013–14.

While India's per capita incomes were low, the average household size and consequent household incomes were higher. India had a total of 247 million households in 2011, with an average of about 4.9 people per household, according to Census of India.

Estimates for average household income and the size of India's middle income households vary by source. Using World Bank's definition of middle income families to be those with per capita income between $10 and $50 per day, the National Council of Applied Economic Research of India completed a survey and concluded there were 153 million people who belonged to middle income group in 2006. In contrast, Meyer and Birdsall and Tim Light used a different survey and estimated the number of Middle-Income population to be about 70 million in 2009–2010. These groups, as well as the World Bank, estimated in their 2011 reports that if India's economy continues to grow per projections, India's middle income group would double by 2015 over 2010 levels, and grow by an additional 500 million people by 2025. This would make it, with China, the world's largest middle income market.

Compared to other countries, income inequality in India is relatively small as measured by Gini coefficient. India had a Gini coefficient of 32.5 in the year 1999- 2000; India's nominal Gini index rose to 36.8 in 2005, while real Gini after tax remained nearly flat at 32.6.

The states of India have significant disparities in their average income. Bihar was by far the poorest in India, and per capita income was low in its neighbouring states, along with Uttar Pradesh, Jharkhand, Jammu & Kashmir, Assam, Manipur, and Nagaland. The higher income states include Goa, Delhi, Haryana, Sikkim, Telangana, Maharashtra, Tamil Nadu, Gujarat, Himachal Pradesh, Punjab, Uttarakhand, and Kerala.

Rural-urban gap

Файл:GINI index World Bank up to 2018.png

Gini coefficient of India and other countries according to the World Bank (2018). Higher Gini Index means more income inequality.

As in other countries, residents of Indian cities have a higher per capita income and standard of living than rural residents. Towns and cities make more than two-thirds of the Indian GDP, even though less than a third of the population live in them.

The Economic Survey of India 2007 by OECD concluded that:

The analysis of this report suggests that the differences in economic performance across states are associated with the extent to which states have introduced market-oriented reforms. Thus, further reforms on these lines, complemented with measures to improve infrastructure, education and basic services, would increase the potential for growth outside of agriculture and thus boost better-paid employment, which is a key to sharing the fruits of growth and lowering poverty.

See also

• List of Indian states and union territories by GDP per capita
• States of India by size of economy
• Poverty in India

External links

• Per Capita Net State Domestic Product – State-Wise (At Current Prices)
• National Income Of India