India's per capita income rises 9.7 pc to Rs1.03 lakh

India's per capita income grew by 9.7 per cent to Rs 1,03,219 in 2016-17 from Rs 94,130 a year ago.

In 2015-16, the rate of growth of the country's per capita net income stood at 7.4 per cent.

"The per capita income at current prices during 2016-17 is estimated to have attained a level of Rs 1,03,219 as compared to the estimates for the year 2015-16 of Rs 94,130 showing a rise of 9.7 per cent," an official release said.

The data forms part of the 'Provisional Estimates of Annual National Income 2016-17 and Quarterly Estimates of Gross Domestic Product 2016-17' released by the Ministry of Statistics and Programme Implementation on Wednesday. Per capita income is a crude indicator of the prosperity of a country.

In real terms (at 2011-12 prices), per capita income in 2016-17 rose 5.7 per cent to Rs 82,269, against Rs 77,803 a year ago.