KV Subramanian, Executive Director of the International Monetary Fund (IMF) and former Chief Economic Advisor of India, said on Thursday that India could become a USD 55 trillion economy by 2047 if it maintains an 8 per cent annual growth rate.
India needs to strive to be a USD 30 trillion economy by 2047 with a per capita income of USD 18,000 per annum to become a developed economy, NITI Aayog has said in an approach paper 'Vision for 'Viksit Bharat @2047'
The Economic Survey report, which was laid before the Assembly on Wednesday, also mentioned that the state's per-capita income is estimated to be Rs 1,61,437, which is 12.4 percent less than India's per capita income of Rs 1,84,205.
As per a presentation made by the Chief Economic Adviser V Anantha Nageswaran at a press conference after the tabling of the Economic Survey for 2023-24, the per capita income is currently at Rs 2.12 lakh in 2023-24. In dollar terms, it is at USD 2,500.
"We have decided to take up skill census instead of caste census in the state. We have discussed and approved this in the Cabinet. Soon we are going to release all the guidelines for converting human resources into capital investment. The aim is to create wealth. We will provide employment a
The per capita income of the people of the Bihar would have more than doubled had there been no mis-governance during the Lalu Yadav-led RJD government, Union finance minister and senior BJP leader Nirmala Sitharaman said on Tuesday, as she addresses a press conference in Patna during the
"...In 2014, the GSDP of Delhi was Rs 4.95 lakh crores and in the last ten years, the GSDP of Delhi has increased two and a half times to Rs 11.08 lakh crores. In 2014, the per capita income of Delhi was Rs 2.47 lakhs and today the per capita income of Delhi has reached 4.62 lakhs which is t
"Kejriwal Government's Education budget allocation has remained the highest across all state governments and Central Governments. In 2022-23, we spent 21.1% of our aggregate expenditure on Education, while the average across India was 13.5%." the survey noted.
"GSDP of Delhi at current prices during 2023-24 is likely to reach Rs 11,07,746 crore at a growth of 9.1 per cent over 2022-23. The GSDP of Delhi in 2022-23 was 10,14,000 crore. In post-COVID times, our real GSDP grew at 8.76 per cent in 2021-22 and 7.85 per cent in 2022-23, faster than the
Uttar Pradesh Chief Minister Yogi Adityanath said that India is making rapid strides in development in Azaadi ka Amrit Mahotsav, becoming the fifth largest economy in the world, leaving behind Britain, which ruled the country for two centuries, and now it is set to become the third largest e
Israel's Central Bureau of Statistics reported that in the fourth quarter (Q4) of 2023, the country's GDP (gross domestic product or per capita income), fell by 19.4 per cent compared with the end of the third quarter.
Adani said, "The statistics of the past decade are remarkable: since 2014, India's GDP has grown by 185 per cent, and per capita income by a stunning 165 per cent. This achievement is unparalleled, especially considering this decade's geopolitical conflicts and pandemic challenges."