Saturday, July 27, 2024
HomeBusinessNet per capita income of Bengal & Tamil Nadu weathers pandemic shock...

Net per capita income of Bengal & Tamil Nadu weathers pandemic shock in FY21

Date:

Related stories

Guide to Using Essential Oils for Skincare

Essential oils are famous for skincare. They come from...

Signage for businesses – Services and their benefits

Signage is a form of advertising that conveys the...

OPSC Recruitment 2024: Apply Online for Latest Vacancies

The Odisha Public Service Commission (OPSC) has announced its...

Why It’s Important for Teachers to Teach Social and Emotional Skills

Academic knowledge alone is not enough to prepare students...

How Religion Supports and Shields Children’s Mental Health

In the UK today, many parents and foster carers...

[ad_1]

Among other large states, Tamil Nadu also put up a good show with growth rates of 1.11% and 5.49%, respectively, in real and nominal net per capita incomes in the pandemic year.

In 2020-21, the year which saw national GDP drop by an unprecedented 7.3% in real term, some states weathered the adverse effect of the pandemic on their economies much better than others.

West Bengal, for instance, managed to report a positive growth in net per capita income (NPCI) in 2020-21: by a flat 0.67% at 2011-12 prices and 7.16% at current prices. On a pan-India basis, the NPCI dropped 3.99% in 2020-21 in real term and by 8.36% in nominal term.

West Bengal finance minister Amit Mitra tweeted on Friday: “W. Bengal ranked No 1 State by RBI on Net PerCapita Income Growth in 2020-21. Bravo ! WB’s growth + 7.16% while India average – 3.99.”

Among other large states, Tamil Nadu also put up a good show with growth rates of 1.11% and 5.49%, respectively, in real and nominal net per capita incomes in the pandemic year.

In contrast, Uttar Pradesh reported a 8.06% fall in NPCI in real term and 0.42% decline in nominal term. The corresponding figures for Madhya Pradesh were -4.71 and -6.12%, and for Karnataka, 1.62% and -3.25%. Figures for other larger states like Gujarat and Maharashtra are yet to be available.

[ad_2]

Source link

See also  Apple, Amazon, Tesla, Microsoft, Rivian & more
Bellie Brown
Bellie Brownhttps://businesstimes.org
Hi my lovely readers, I am Bellie brown editor and writer of Businesstimes.org. I write blogs on various niches such as business, technology, lifestyle., health, entertainment, etc as well as manage the daily reports of the website. I am very addicted to my work which makes me keen on reading and writing on the very latest and trending topics. One can check my more writings by visiting Cleartips.net

Latest stories