The per capita debt of individual borrowers in India has witnessed a sharp increase over the past two years, rising from Rs 3.9 lakh in March 2023 to Rs 4.8 lakh in March 2025, according to the financial stability report released by the Reserve Bank of India (RBI).
Congress leader Manickam Tagore on Thursday questioned Centre over the accuracy of its's economic narrative, citing India's ranking in the global per capita GDP list.
India has overtaken several economies in terms of GDP over the past decade, but its citizens' per capita income remains poor. According to a report by Llama Research, the next phase of growth must translate into individual prosperity.
Senior Congress leader P Chidambaram on Monday said that while the rise in India's per capita income under the BJP-led NDA government is "broadly correct," the rate of growth was higher during the tenure of the Congress-led UPA government.
Speaking with ANI, Pawan Khera said,"Let's talk a little about per capita income, the growing gap between the rich and the poor, the middle class struggling to pay EMIs, the MSME sector, unemployment breaking a 45-year record... Let's talk about the middle class. Ask citizens how much pro
Tripura Chief Minister Prof Dr Manik Saha on Saturday said that the present state government has prepared a Strategic Road Map to build an Unnato and Shreshtho (Developed and Great), future-ready Tripura.
Uttar Pradesh has emerged as the growth engine of India, contributing to the country's development and realising the vision of a developed India, Chief Minister Yogi Adityanath said on Monday.
Arunachal Pradesh Chief Minister Pema Khandu said at a developmental meeting that reformation, performance, and transformation are leading the state on the path of accelerated development. He highlighted the quantum jump the state made in GSDP, State Budget, per capita income, GST collection
India's per capita GDP at current prices is estimated to reach Rs 2.35 lakh in the financial year 2024-25 (FY25), driven by better policy-making and improved distribution of benefits through the Direct Benefit Transfer (DBT) system, according to a report by the State Bank of India (SBI).
The state's economic output has surged to Rs. 2.87 lakh crore, while its per capita income stands at Rs 2.61 lakh--strong indicators of its remarkable progress and investment potential.
Highlighting Bihar's lag in literacy, per capita income, and farmers' income, Yadav pointed out that despite the NDA being in power for 11 years at the Centre and 20 years in Bihar, it has failed to fulfil its promises.
" It is BJP's nature to levy fake allegations and run away...we speak about work. In Delhi, there is an honest government because of which inflation is the lowest in Delhi, the highest per capita income and the lowest unemployment," Kakkar told ANI.