India’s per Capita Income Rises 7.4% to ₹93,293

India’s per capita income rose by 7.4% to ₹93,293 in 2015-16, as against ₹86,879 witnessed in the preceding fiscal.

Several analysts expect that the per capita income will cross the ₹1 lakh mark for the first time ever in 2016-17.

The Gross National Income (at 2011-12 prices) was estimated at ₹112.13 lakh crore, as against ₹104.28 lakh crore in 2014-15.

Source: Inshorts