Ahead Of Budget, Delhi Govt Presents Economic Survey: Inflation At 2.81 pc, Per Capita Income Increased To 4.6 Lakh- Check Key Details Here

Delhi government budget for the fiscal year 2024-25 is set to be presented in the Assembly on March 4. Check key details of the economic survey.
Delhi, Delhi Economic Survey, Delhi  Budget, Inflation Per capita income, Delhi Government

Ahead Of Budget, Delhi Govt Presents Economic Survey: Inflation Rate At 2.81 pc, Per Capita Income Increased To 4.6 Lakh- Check Key Details Here (image source: iStock)

Delhi's per capita income grew by 22 per cent over two years, reaching Rs 4.61 lakh in 2023-24, as per the economic survey presented by the state's finance minister, Atishi, on Friday. The state budget for the fiscal year 2024-25 is set to be presented in the Assembly on March 4.

GSDP Growth

The Gross State Domestic Product (GSDP) of Delhi at current prices during 2023-24 is projected to reach Rs 11,07,746 crore. This marks a growth of 9.17 per cent from 2022-23. The GSDP of Delhi in 2022-23 stood at Rs 10.14 crore.
In the aftermath of COVID-19, our real GSDP grew at 8.76% in 2021-22 and 7.85 per cent in 2022-23, outpacing the rest of the country. "Delhi's population constitutes 1.5 per cent of India's population, while its GSDP contributes nearly 3.9 per cent to India's GDP," Atishi noted.

Rise in Per Capita Income

The per capita income of Delhi was Rs 3,76,217 in 2021-22, which increased to Rs 4,61,910 in 2023-24. This represents an increase of 22 per cent over two years.

Inflation Rate

Delhi's inflation rate stood at 2.81 per cent in Jan-Dec 2023, while the national inflation rate was 5.65 per cent during the same period.

Public Welfare Measures

Despite offering free electricity, water, health, education, bus rides for women, teertha yatras for the elderly, Delhi continues to have a growing economy with a revenue surplus, the minister highlighted.
End of Article
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