INDIA’S per capita income, representing the average income of an Indian citizen, has risen from INR 79,000 in 2013–14 to INR 1,71,000 in 2022–23 — an increase of 116 percent. Therefore, some claim that incomes have more than doubled in India since the present ruling dispensation took office. The catch is that: a) this includes the price increase during the period and hence does not represent the real increase in incomes, and b) the data for 2022–23 and two earlier years is provisional and subject to revision.
The real increase in per capita income, subject to the above caveat, is from INR 68,600 to INR 96,500 during the period, which is an increase of 40.8 percent. This is not bad. However, since these days everything is compared to the earlier United Progressive Alliance (UPA) period from 2004–05 to 2013–14, the numbers are not flattering. Including inflation, the increase during the UPA years was 204.5 percent, while the real increase was 50.3 percent. These are official figures from the Economic Survey, based on the data released by the National Statistical Office — the official agency that estimates and publishes data on national income and related macroeconomic variables.
Average hides the variation
Further, the average hides the extreme variations in incomes in India – across classes and regions. There is also a differential in the wages earned by men and women for the same
— source theleaflet.in | Arun Kumar | Mar 17, 2023
[unified civil code and all other pr created issues are just to hide the real politics of economics]