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Indian Express
20 hours ago
- Business
- Indian Express
India's top 10 states with highest per capita income
India's per capita income has increased to Rs 1,14,710 in the financial year 2024-25. As per a report tabled in the Lok Sabha by Minister of State for Finance Pankaj Chaudhary, the per capita net national income (NNI) at constant prices was Rs 72,805 in 2014-15. This marks a rise of Rs 41,905 over the past decade. In a statement, Chaudhary said: 'As per the provisional estimates of GDP released by National Statistical Office, Ministry of Statistics and Programme Implementation (MoSPI), the per capita net national income (NNI) at constant prices for 2024-25 stands at ₹1,14,710. The per capita NNI at constant prices for ten years ago, that is 2014-15, was ₹72,805.' He also stated that the increase in per capita income varies across states and UTs. Elaborating further, the minister said that the differences in the increase in per capita income across states may be attributed to a range of factors such as varying levels of economic development, sectoral composition, structural disparities, and differences in governance mechanisms, among others. 'The Government has been committed to the objective of inclusive growth, as reflected in its commitment to Sabka Saath, Sabka Vikas, and has initiated several targeted schemes aimed at reducing poverty and inequality, ensuring social security, promoting income generation and livelihood opportunities, and improving the quality of life of vulnerable sections across the country,' he added. According to the available data, the top ten states/UTs in India with the highest per capita income (FY24-25) are Karnataka with Rs 2,04,605, followed by Tamil Nadu with Rs 1,96,309, Haryana with Rs 1,94,285, Telangana with Rs 1,87,912, Maharashtra with Rs 1,76,678, Himachal Pradesh with Rs 1,63,465, Uttarakhand with Rs 1,58,819, Puducherry with Rs 1,55,533, Andhra Pradesh with Rs 1,41,609, and Punjab with Rs 1,35,356. Per capita NSDP at constant prices Note: The per-capita income at constant prices for FY 2022-23 and FY 2023-24 has not been reported by Ladakh and may be treated as 'NR'. * For the years 2013-14 and 2014-15, information relates to Jammu and Kashmir and Ladakh and for the years 2023-24 and 2024-25, relates to UT of Jammu and Kashmir. NA: Not available.
Time of India
4 days ago
- Business
- Time of India
Govt taking multi-pronged approach to sustain economic growth amid uncertainties: MoS Finance
The government has been taking a multi-pronged approach to sustain economic growth amid global uncertainties, Minister of State for Finance Pankaj Chaudhary said on Monday. "The estimate of fiscal deficit for the year 2025-26, as presented in the Union Budget 2025-26 , is at 4.4 per cent. There is no requirement felt for revision of fiscal deficit target at this stage, and neither is it considered appropriate," he said in a written reply in the Lok Sabha. The government has been taking various measures to boost economic growth in light of global challenges and uncertainties, he said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trekking pants for mountain sports and adventure travel Trek Kit India Shop Now Undo India's economic resilience is underpinned by strong macroeconomic fundamentals such as steady growth, price stability, credible fiscal consolidation, resilient external sector performance, robust foreign exchange reserves, a strong and well-capitalised banking sector, and robust physical and digital infrastructure, he said. Additionally, he said, India's well-regulated financial system, credible inflation-targeting regime, and flexible exchange rate contribute to the economy's resilience to shocks. Live Events In response to recent global challenges such as trade tensions, uncertain capital flows, and geopolitical risks, the government has been taking a multi-pronged approach to sustain economic growth, he said. Spelling out some of the steps taken to propel growth, he said liberalisation of FDI, bilateral engagement with countries for the finalisation of various trade agreements, credit guarantee schemes, and increased public expenditures, particularly capex. In the Union Budget 2025-26, an outlay of Rs 1.5 lakh crore has been proposed in this regard. To strengthen power sector resilience, he said the Budget also proposed incentives for electricity distribution reforms and augmentation of intra-state transmission capacity, with an additional borrowing of 0.5 per cent of gross state domestic product (GSDP) allowed for states, contingent on undertaking these reforms. Moreover, the Budget also proposed to launch a comprehensive multi-sectoral 'Rural Prosperity and Resilience' programme in partnership with states, which aims to address under-employment in agriculture, he said. Replying to another question, he said, the per capita net national income (NNI) at constant prices for 2024-25 stands at Rs 1,14,710 as per the provisional estimates of GDP released by National Statistical Office, Ministry of Statistics and Programme Implementation (MoSPI). The per capita NNI at constant prices for 10 years ago -- 2014-15 -- was Rs 72,805, he said. The differences in the increase in per capita income across states may be attributed to a range of factors such as varying levels of economic development, sectoral composition, structural disparities, and differences in governance mechanisms, among others, he said. The government has been committed to the objective of inclusive growth, as reflected in its commitment to Sabka Saath, Sabka Vikas, and has initiated several targeted schemes aimed at reducing poverty and inequality, ensuring social security, promoting income generation and livelihood opportunities, and improving the quality of life of vulnerable sections across the country, he said.
Time of India
6 days ago
- Science
- Time of India
‘NSS helping shape policies for growth'
Lucknow: At least 25 teams comprising 50 students from various colleges and institutes participated in the state-level quiz competition 'Anvesha 2.0', organized by the state capital office of the National Statistical Office (NSO) to mark the 75th anniversary of National Sample Survey (NSS). Dean, faculty of science at LU, Sheela Misra said, "NSS plays a crucial role in capturing the socio-economic realities of our nation, helping shape effective policies for inclusive growth." Deputy director general, NSO, Suchita Gupta said, "NSS continues to provide valuable insights that support a developed and data-driven India." Anshika Shukla and Swati Dwivedi bagged first prize, Gangotri Singh and Pragati won second prize, while Eeshan Soni and Om Mishra won the third prize.
Time Out
08-07-2025
- Business
- Time Out
The solo generation: 1 in 4 Thais now single
What used to be a stage on the road to settling down is now a destination in itself. Being single in Thailand, especially for women, is increasingly the new normal. According to the latest report from Thailand's National Statistical Office, one in four Thais now identifies as single. In Bangkok that number jumps to 50 percent – the highest proportion of singles in the country. Among the total, women make up 75 percent of Thailand's singleton population and there is a clear generational trend with 30 percent of single individuals aged 25 to 34 choosing the single life. The rise of the solo generation is changing the way people live and their spending habits along the way. Single-person households in Thailand now account for B1.4 trillion in annual spending, according to the National Economic and Social Development Council (NESDC). What started as a lifestyle shift has grown into a serious economic force. While family households still lead in spending on necessities like housing and utilities, it is single consumers who are setting the pace in discretionary categories like dining out, boutique fitness, personal wellness, fashion, tech gadgets, solo travel and even premium pet care. The NESDC has called this phenomenon the 'solo economy': a term that captures how consumer habits are shifting in response to smaller households and more self-directed lives. What's behind the rise of solo living? There's no one-size-fits-all answer but social freedom, financial independence and changing cultural values all play key roles. For many millennials and Gen Z-ers, especially women – being single is about prioritising personal growth, career goals and mental health. Marriage and family are no longer seen as life's mandatory milestones. Today's urban young adults are choosing flexibility over formality and self-fulfilment over settling down early. The generation raised on global content, gender equality and post-pandemic introspection is the one building its own narrative rather than chasing tradition. For them, independence doesn't equal loneliness and in Thailand's cities, it's fast becoming our dominant marital status.
Hans India
02-07-2025
- Business
- Hans India
Chief Secy calls for modern statistical system
Bhubaneswar: Odisha Chief Secretary Manoj Ahuja on Monday batted for a modern statistical system to measure the socio-economic progress of the State. Addressing the 19th National Statistics Day here, Ahuja said the system would also help in identifying the areas of shortfall and the way forward. He stressed the need for institutional capacity building, too. Speaking on the occasion, Development Commissioner Anu Garg advised the officials concerned to develop the recommended statistical system, which would help in effective monitoring of the goals and targets set in the 'vision document' for a 'Viksit Odisha - 2036 and 2047'. Citing the example of the 'Subhadra' scheme, she said the State government has been emphasising the use of data and, in the process, it has prepared a robust database that may be used in implementation of other beneficiary-oriented programmes. Ashish Kumar, former Director-General, Ministry of Statistics & Programme Implementation, highlighted the role of the National Statistical Office (NSO) in conducting sample surveys to provide data at regular intervals for the unorganised sectors of the economy.
