India’s per capita income (per capita income) has doubled since the Narendra Modi government came to power (2014-15). According to the National Statistical Office (NSO), when the Narendra Modi-led NDA government was formed in 2014-15, India’s per capita income was Rs 86,647 annually, which has doubled to Rs 1,72,000 in 2022-23. However, it has taken 8 years for this to happen.

Income decreased during the Corona period
According to NSO, the per capita annual income at current prices is estimated to be Rs 1,72,000 in the financial year 2022-23. According to the data released by NSO, per capita income declined during Corona. However, later the situation improved and it registered a boom in 2021-22 and 2022-23.

What is per capita income?
It is the average income of the people living in a country. To calculate this, we divide the GDP of that country by its total population. The figure that comes out after this is called per capita income.

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Unemployment rate increased to 7.45% in the country in February, unemployment highest in Rajasthan-Haryana
The unemployment rate in the country in the month of February stood at 7.45%. It was 7.14% in January. Importantly, the unemployment rate in urban areas decreased from 8.55% to 7.93%. Whereas, in rural areas the rate increased from 6.45% to 7.23%. That is, the unemployment rate is still high in the cities.

According to the CMIE survey, Rajasthan and Haryana have the highest unemployment rates in the country. Haryana has 29.4% and Rajasthan has 28.3%. Chhattisgarh (0.8%) and Madhya Pradesh (2.0%) appear to be in the best position. Click here to read full news