Is that a small thing? As per government figures, in 2018 Rs 85,000 crore was sent by the expatriates to the state which has now touched over Rs 1 lakh crore. Capital Delhi is 2nd richest economy of India. Hence, the per capita income is not a useful criterion at all, and should not be used to compare states. 94,954 as compared to Rs. Do you agree ? During 2016-17, the contribution from primary, secondary and tertiary sectors to the GSVA at constant prices (2011-12) was 11.27 per cent, 25.59 per cent and 63.14 per cent respectively. Hence, per capita income is not a useful criterion at all and should not be used to compare states. 2016-17 was 128,347 as against provisional estimate of 119,777 in 2015-16, recording a growth rate of 7.15 per cent in 2016-17. Get the answers you need, now! (b) Per capita income does not measure various facilities and services that influence quality of life, for example, health facilities, education facilities, equal treatment, etc. Among Haryana, Kerala and Bihar, the lowest per-capita income state is Bihar. However, the annual per capita income rose to Rs. During the period, the growth rate in primary sector increased from -11.2 per cent to 5.19 mainly because of the increase in production of some of the crops, live stocks, fishing and aquaculture and mining and quarrying. Punjab is a distant third with Rs 42,000. TOR does not inhibit the Finance Commission in assigning appropriate weight to multiple variables for devolution in a combination of rewards and incentives. Discuss. But this does not imply that it is not useful at all. Hence, per capita income is not a useful criterion at all and should not be used to compare states. The good educational system leads to many highly qualified workers leaving the country to work abroad. There are some conceptual differences between the key aggregates of national accounts published till 2014-15 at 2004-05 base year prices and 2011-12 base year prices being published now. WTO said robust economic growth led to an improvement in socio-economic indicators like per capita income and life … Posted by 6 months ago. 0 votes . Goa has the highest per capita income Rs 467,998 in FY 2018-19. GDP at current prices in the year 2016-17 is estimated at 151.84 lakh crore, showing a growth rate of 11.0 per cent over the estimates of GDP for the year 2015-16 of 136.82 lakh crore. The analysis of district-wise per capita reveals that Ernakulam district continues to stands first with the per capita income of 162,297 at constant (2011-12) prices in 2016-17 as against 152,318 in 2015-16. Archived. Answer verified by Toppr . Out of 193 economies, gdp (nominal) per capita of the 29 economies would increase, and 164 economies would decrease in 2020 compared to 2019. 93% Upvoted. Since 2011-12, the state’s per-capita income has been at least 55% higher than the national average. At constant (2011-12) prices, this amounts to 5,491,752 lakh in 2016-17 compared to 5,125,647 lakh in 2015-16. GSDP per capita of Bihar is 3 times lower than of country's. According to the latest figures released by Government – Goa leads the country with per capita income of Rs. jaswasri2006 jaswasri2006 Here is u r … Note: The figures in parenthesis show the percentage change over previous year. The contribution to GSVA (at current prices) of the tertiary sector and primary sector increased from 62.59 per cent in 2015-16 to 63.18 per cent in 2016-17, and from 12.82 per cent in 2015-16 to 13.36 per cent in 2016-17 respectively. Table 1.5 reveals that Thiruvananthapuram, Kollam, Pathanamthitta, Ernkulam, Kannur, Kasargod, Malappuram, had a higher growth than the State average growth rate in per capita income in 2016-17. This is a list of Indian states and union territories by NSDP per capita.Net state domestic … (any one) The details of GDP, NDP, GNI and NNI at current and constant (2011-12) prices from 2012-13 to 2016-17 with percentage change over previous year are given in Appendix 1.3, 1.4, 1.5 and 1.6. The district wise GSVA details are given in Table 1.4. Discuss. 5,729 per month at current prices. The GNI at current prices is estimated at 149.94 lakh crore in 2016-17, as compared to 135.22 lakh crore in 2015-16, showing a rise of 10.9 per cent. Per capita income of Kerala is higher than that of (a) Bihar (b) Punjab (c) Gujarat (d) none of these Ans : (a) Bihar 4. GSDP Per capita of Goa is 3.56 times more than India's average and 11.00 times greater than lowest ranked Bihar. Maharashtra holds an HDI of 0.57. Kerala has lower per capita income but better human development ranking than Punjab because of many factors. But this does not imply that it … The district wise per capita income with corresponding rank Even with a large national income, per capita income will be low if a country has a large population. At current prices the NSDP is estimated at 55,848,205 lakh (quick estimate) in 2016-17 compared to the provisional estimate of 50,392,861 lakh during 2015-16. The Gross National Income (GNI) at 2011-12 prices is estimated at 120.35 lakh crore in 2016-17, as against the previous year's estimate of 112.46 lakh crore. Best state is a concept that have many parameters and side of views, so I would not call Kerala or any other state ‘the best’. District-wise Per Capita Income. , democracy, etc. inadequacy of this average, the share of contribution of tertiary sector has increased 60.43... This amounts to 5,491,752 lakh in 2015-16 is equivalent to Dominica on nominal basis and is to., with lower per capita income is not useful at all and should not be used to compare.! Special reports and more on Livemint Haryana, kerala and Bihar, which is the first to... See answers shiney62 shiney62 I think Bihar is 3 times lower than Punjab because many! 26,000 kerala 11 91 91 22,800 I do agree in full with it the lowest with a large population kerala! Indicator of development while Bihar has the second lowest poverty rate in the country Yes, we that., pollution free environment, democracy, etc. social factors, health, income 55,000 ) inhibit... States/Uts have gsdp per capita income has a better human development ranking than Punjab because of many.. Appropriate weight to multiple variables for devolution in a combination of rewards and incentives Table 1.5 ( )! An economy, which state in India at 12 % kerala and Bihar, which state in has..., Rep. ( in ppp ) is lower than of country 's and per capita household income useful criterion all. It has its limitations as a development Index has certain limitations: per capita with... Its population, we get I. 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