Don’t miss the latest developments in business and finance.

Delhi's per capita income highest in India

According to the report, the tightening of the labour market has contributed to the lowering of poverty

IANS New Delhi
Last Updated : Aug 31 2013 | 5:26 PM IST
Delhi's average per capita income, at more than Rs.2 lakh per year in 2012-13, is the highest in India, a official report said Saturday.
 
"The average per capita income in Delhi is nearly three times the estimate for the all India average. During the seven year period from 2005-06 to 2012-13, it grew at the rate of about seven% per annum vis-a-vis around three% for India," said the Delhi Human Development Report 2013.
 
The report was released by Vice President Hamid Ansari along with Delhi Chief Minister Sheila Dikshit at a function held here.
 

Also Read

"The sustained growth in per capita income has been associated with a reduction in poverty to single-digit figures to 9.9% in 2011-12 from approximately 13% in 2004-05," it added.
 
According to the report, the tightening of the labour market has contributed to the lowering of poverty.
 
During 1999-2000 to 2011-12, an additional 1.3 million people were added to Delhi's workforce taking the total figure to 5.56 million.
 
Although, the rate of migration has stabilized in Delhi during the last decade, around 75,000 people still come to Delhi every year in search of a livelihood, said the report.
 
"The city has absorbed the migrants rather well, with the migrants rating themselves better than the non-migrants in terms of several indicators of well-being," it said.
 
While one third of the migrant population perceived that work opportunities in Delhi had improved over the last three years, two thirds of households considered their income to be stable.

More From This Section

First Published: Aug 31 2013 | 5:16 PM IST

Next Story