India’s per capita income, a gauge for assessing standard of living, rose by 37.6 per cent to Rs. 88,533 in the last four years to 2014-15. Compared with 2013-14, national income and per capita income at current prices during 2014-15 are estimated to have grown by 11.5 per cent and 10.1 per cent, respectively,
Minister of State for Statistics and Programme Implementation V K Singh replying to a query in the Rajya Sabha said that the per capita income was at Rs 64,316 in 2011-12; Rs. 71,593 in 2012-13; Rs. 80,388 in 2013-14 and Rs. 88,533 in the year 2014-15.
The national income in 2014-15 stood at Rs. 11,217,079 crore; Rs 10,056,523 crore in 2013-14; Rs 8,841,733 crore in 2012-13 and Rs 7,846,531 crore in 2011-12.
Recently, the government made changes in the national accounts calculation methodology by revising the base year to 2011-12 from 2004-05, accordingly India's per capita income, for 2013-14 was increased at Rs 6,699 per month for 2013-14 as against the earlier estimate of Rs 6,198.33. In 2012-13 and 2011-12, the per capita income per month was estimated at Rs 5,966.08 and Rs 5,359.67 respectively. To estimate the per capita income and per capita PFCE, the government used the population projections data on the basis of Census 2011.