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

Among different massive states, Tamil Nadu additionally put up a superb present with development charges of 1.11% and 5.49%, respectively, in actual and nominal internet per capita incomes within the pandemic 12 months.

In 2020-21, the 12 months which noticed nationwide GDP drop by an unprecedented 7.3% in actual time period, some states weathered the hostile impact of the pandemic on their economies a lot better than others.

West Bengal, as an illustration, managed to report a constructive development in internet per capita earnings (NPCI) in 2020-21: by a flat 0.67% at 2011-12 costs and seven.16% at present costs. On a pan-India foundation, the NPCI dropped 3.99% in 2020-21 in actual time period and by 8.36% in nominal time period.

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 different massive states, Tamil Nadu additionally put up a superb present with development charges of 1.11% and 5.49%, respectively, in actual and nominal internet per capita incomes within the pandemic 12 months.

In distinction, Uttar Pradesh reported a 8.06% fall in NPCI in actual time period and 0.42% decline in nominal time period. The corresponding figures for Madhya Pradesh have been -4.71 and -6.12%, and for Karnataka, 1.62% and -3.25%. Figures for different bigger states like Gujarat and Maharashtra are but to be out there.

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