{"id":46247,"date":"2023-12-19T16:18:21","date_gmt":"2023-12-19T10:48:21","guid":{"rendered":"https:\/\/www.cheggindia.com\/?post_type=general-knowledge&p=46247"},"modified":"2025-12-03T14:21:24","modified_gmt":"2025-12-03T08:51:24","slug":"per-capita-income-of-indian-states","status":"publish","type":"general-knowledge","link":"https:\/\/www.cheggindia.com\/hi\/general-knowledge\/per-capita-income-of-indian-states\/","title":{"rendered":"Per Capita Income of Indian States (2024\u201325) Data"},"content":{"rendered":"\n

“Per Capita Income of Indian States” refers to the typical annual income of a region’s inhabitants. One year’s national income divided by population yields it. The per capita income of Indian states is often measured to compare regional disparities and economic strengths. PCI, short for per capita income, plays a central role in these comparisons.<\/p>\n\n\n\n

Economists and policymakers use per capita income to evaluate a nation’s economy and living standards. Global per capita incomes compare countries’ prosperity. Economic productivity and living standards increase with per capita income. For example, the Indian per capita income 2024 data shows signs of economic recovery and growth.<\/p>\n\n\n\n

Average per capita income<\/strong><\/a> growth indicates economic growth. However, per capita income does not show income distribution. Median income and the Gini coefficient give context for income inequality and living standards. Per capita income is still a popular economic indicator.<\/p>\n\n\n\n

\"India\u2019s<\/figure>\n\n\n\n

History of Per Capita Income of Indian States<\/h2>\n\n\n\n

India’s Glorious Past<\/h3>\n\n\n\n

Our story begins with a prosperous India, a dominant player in global trade. Imagine bustling ports and thriving industries contributing to a flourishing economy, where the per capita income in rupees would have rivaled global standards had it been measured then.<\/p>\n\n\n\n

The Colonial Downturn<\/h3>\n\n\n\n

The arrival of the British, particularly after the decisive Battle of Plassey, marked a profound turning point in India\u2019s economic trajectory. From being a global trading powerhouse, India was relegated to the mere supplier of raw materials for British manufacturing. The Industrial Revolution intensified this shift, as mass-produced British goods flooded the Indian markets, systematically undermining and crippling thriving domestic industries. <\/p>\n\n\n\n

Economic Exploitation<\/h3>\n\n\n\n

This wasn’t just trade; it was economic imperialism. The British levied heavy taxes on Indian exports, making them less competitive. Meanwhile, cheaper British goods flooded the market, hindering Indian production and leading to a significant wealth drain, as Dadabhai Naoroji, the “Grand Old Man of India,” theorized. This contributed to a stark decline in what is the per capital income of Indian states?<\/p>\n\n\n\n

Early Calculations and Challenges<\/h3>\n\n\n\n

Naoroji wasn’t alone in recognizing the economic plight. He and other prominent economists, such as VKRV Rao, R.C. Dutt, and William Digby, attempted to quantify the damage. They estimated the per capital income of Indian states in the pre-independence era (around 1867-68) to be a meager Rs. 20, clearly reflecting the lowest per capita figures.<\/p>\n\n\n\n

Per Capita Income = Total National Income\/Total Population = $100 billion\/50 million = $2,000<\/strong>     <\/p>\n\n\n\n

Components of National Income<\/h3>\n\n\n\n
\"Components<\/figure>\n\n\n\n

 Here are the primary components:<\/p>\n\n\n\n

    \n
  1. GDP:<\/strong> The market value of all final goods and services produced in a country in a given period. Includes consumption, government purchases, investments, and net exports.<\/li>\n\n\n\n
  2. Net National Product (NNP): <\/strong>This is the GDP after subtracting depreciation. Depreciation describes the deterioration of a country’s capital over time.<\/li>\n\n\n\n
  3. National Income (NI):<\/strong> The total money earned within a country. Payouts include wages, interest, rent, and profits. Take the NNP, subtract indirect taxes, and add subsidies.<\/li>\n\n\n\n
  4. Personal Income (PI):<\/strong> A country’s residents’ total income before taxes. It is the total income of all individuals or households in a given period.<\/li>\n\n\n\n
  5. Gross National Product (GNP):<\/strong> GDP plus net income from abroad \u2013 income from investments abroad minus domestic income by overseas residents.<\/li>\n<\/ol>\n\n\n\n

    India Per Capita Income 2024<\/h2>\n\n\n\n
    Rank<\/strong><\/th>State\/UT<\/strong><\/th>Per Capita Income (\u20b9 in thousand)<\/strong><\/th><\/tr><\/thead>
    1<\/td>Sikkim<\/td>587.74<\/td><\/tr>
    2<\/td>Goa*<\/td>492.65<\/td><\/tr>
    3<\/td>Delhi<\/td>461.91<\/td><\/tr>
    4<\/td>Chandigarh*<\/td>399.65<\/td><\/tr>
    5<\/td>Telangana<\/td>356.56<\/td><\/tr>
    6<\/td>Karnataka<\/td>332.93<\/td><\/tr>
    7<\/td>Haryana<\/td>325.76<\/td><\/tr>
    8<\/td>Tamil Nadu<\/td>315.22<\/td><\/tr>
    9<\/td>Kerala<\/td>281.00<\/td><\/tr>
    10<\/td>Maharashtra<\/td>277.60<\/td><\/tr>
    11<\/td>Gujarat*<\/td>272.45<\/td><\/tr>
    12<\/td>Puducherry<\/td>262.17<\/td><\/tr>
    13<\/td>Uttarakhand<\/td>260.20<\/td><\/tr>
    14<\/td>Andaman & Nicobar Islands*<\/td>258.15<\/td><\/tr>
    15<\/td>Andhra Pradesh<\/td>242.48<\/td><\/tr>
    16<\/td>Himachal Pradesh<\/td>235.20<\/td><\/tr>
    17<\/td>Mizoram*<\/td>215.14<\/td><\/tr>
    18<\/td>Arunachal Pradesh*<\/td>199.99<\/td><\/tr>
    19<\/td>Punjab<\/td>196.51<\/td><\/tr>
    20<\/td>Tripura<\/td>177.72<\/td><\/tr>
    21<\/td>Rajasthan<\/a><\/td>167.96<\/td><\/tr>
    22<\/td>Odisha<\/td>163.10<\/td><\/tr>
    23<\/td>West Bengal<\/td>154.12<\/td><\/tr>
    24<\/td>Chhattisgarh<\/td>147.36<\/td><\/tr>
    25<\/td>Nagaland*<\/td>145.54<\/td><\/tr>
    26<\/td>Madhya Pradesh<\/td>142.57<\/td><\/tr>
    27<\/td>Jammu & Kashmir<\/td>142.14<\/td><\/tr>
    28<\/td>Meghalaya<\/td>136.95<\/td><\/tr>
    29<\/td>Assam<\/td>135.79<\/td><\/tr>
    30<\/td>Manipur*<\/td>111.85<\/td><\/tr>
    31<\/td>Jharkhand<\/td>105.27<\/td><\/tr>
    32<\/td>Uttar Pradesh<\/td>93.51<\/td><\/tr>
    33<\/td>Bihar<\/td>60.34<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    Source- Click here<\/a> <\/strong><\/p>\n\n\n\n

    Which State in India Has the Highest Per Capita Income in 2024?<\/h3>\n\n\n\n

    Sikkim is the state with India’s highest per capita income <\/span>in 2024<\/span>. Here are some other top-ranking states by per capita income or the wealthiest states in India 2024 list:<\/p>\n\n\n\n