In reflection of growing economic prosperity of Delhiites, the per capita annual income in the national capital rose by nearly 14 per cent to Rs 241,000 in 2013-14 compared to the previous fiscal, which is almost three times the national average.
According to Economic Survey of Delhi 2014-15 tabled in the Delhi Assembly on Wednesday, the annual per capita income in the national capital increased from Rs 212,000 in 2012-13.
The national per capita income in 2013-14 stood at Rs 87,748.
As per the survey, the Gross State Domestic Product at current prices during 2014-15 has increased to over Rs 4.51 lakh crore (Rs 4,51 trillion), a growth of 15.35 per cent over the previous year.
At constant prices, the growth of the gross state domestic product for 2014-15 is 8.2 per cent as compared to 7.4 per cent recorded at national level.
As per the survey, the fiscal deficit of Delhi government was Rs 2,21.25 crore (Rs 2.21 billion) in 2014-15, which is 0.049 per cent of GSDP, as compared to estimated fiscal deficit of 2.35 per cent of all states during the same year.
The expenditure incurred on social service sectors in Delhi increased from 48.79 per cent in 10th Five Year Plan to 57.12 per cent in the 11th Five Year Plan and 65.75 per cent for the first three years of the 12th Five Year Plan.
Tax collection of Delhi government registered a growth of 2.64 per cent in 2014-15 as compared to the growth of 10.60 per cent in 2013-14, it said.
Delhi has maintained its consistent revenue surplus which was Rs 6,079.53 crore (Rs 60.79 billion) in 2014-15 as compared to Rs 5,615.37 crore (Rs 56.15 billion) in 2013-14.
Image: Heavy traffic moves in front of the India Gate before Earth Hour in New Delhi. Photograph: Mansi Thapliyal/Reuters
