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State per capita income increases

By Staff Reporter
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GUWAHATI, July 13 - The per capita income of the State has increased to Rs 49,480 (as of 2014-15) from Rs 13,059 in 2001, said an official press release here today.

Similarly, the Gross State Domestic Product (GSDP) at current prices has increased to 14.85 per cent from 4.07 per cent in 2001-02 (a growth rate of 324 per cent over 2001), which was Rs 38,313 compared to Rs 1,62,652 in 2013-14.

It may be mentioned that as per figures released by the Planning Commission of India, the growth rate of GSDP in Assam during 2011-12 was more than that of many developed states of India such as Gujarat, Odisha, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh and West Bengal. Likewise, the per capita income of Assam during this period was higher than that of many states like Haryana, Himachal Pradesh, Karnataka, Kerala, Odisha, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh and West Bengal.

Nationalised banks and other financial institutions have also increased the strength of their branches in the State. As of 2014-15, the total holdings or deposits increased to Rs 76,795 crore from Rs 10,992 crore in 2001-02. Bank lendings or loans have also increased in the State to Rs 33,763 crore in 2013-14 as compared to Rs 3,663 crore in 2003-04. Good economic measures taken up by the State government can be attributed to the overall growth scenario, added the press release.

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State per capita income increases

GUWAHATI, July 13 - The per capita income of the State has increased to Rs 49,480 (as of 2014-15) from Rs 13,059 in 2001, said an official press release here today.

Similarly, the Gross State Domestic Product (GSDP) at current prices has increased to 14.85 per cent from 4.07 per cent in 2001-02 (a growth rate of 324 per cent over 2001), which was Rs 38,313 compared to Rs 1,62,652 in 2013-14.

It may be mentioned that as per figures released by the Planning Commission of India, the growth rate of GSDP in Assam during 2011-12 was more than that of many developed states of India such as Gujarat, Odisha, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh and West Bengal. Likewise, the per capita income of Assam during this period was higher than that of many states like Haryana, Himachal Pradesh, Karnataka, Kerala, Odisha, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh and West Bengal.

Nationalised banks and other financial institutions have also increased the strength of their branches in the State. As of 2014-15, the total holdings or deposits increased to Rs 76,795 crore from Rs 10,992 crore in 2001-02. Bank lendings or loans have also increased in the State to Rs 33,763 crore in 2013-14 as compared to Rs 3,663 crore in 2003-04. Good economic measures taken up by the State government can be attributed to the overall growth scenario, added the press release.