Uttarakhand per capita income rises to Rs 1.03 lakh

The per-capita income in Uttarakhand has zoomed to Rs 1.03 lakh in the financial year 2013-14 which is Rs 11,158 more than the previous year's income of Rs 92,191.

According to the figures released by the Directorate of Economics and Statistics on Friday "the per capita income of the state estimated for the year 2013-14 (Advance Estimates) and 2012-13 (Quick Estimates) is Rs 1.03 lakh and Rs 92,191 respectively. However, for the year 2011-12 the estimate was Rs 85,372,"the report added.

The state's economy grew at 5.65 per cent in 2013-14, which is 0.04 per cent better than the previous year when the state grew at 5.61 per cent.

However, the state's economy was better than the national growth rate of 4.7 per cent for the same year, the report added.

Economic growth rates of the state for the year 2013-14 (Advance Estimates), 2012-13 (Quick Estimates) and 2011-12 have been estimated as 5.65 per cent, 5.61 per cent and 9.37 per cent respectively. According to data released by the Centre on May 30 this year the All India Economic Growth Rate for the financial year 2013-14 was 4.7 per cent, which was 4.5 per cent and 8.7 per cent for the year 2012-13 and 2011-12 respectively.