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Per Capita Income of Assam increases to Rs 49,480

| | Jul 14, 2015, at 01:39 am
Guwahati, July 13 (IBNS) : The Assam government on Monday said the Per Capita Income of the state has increased to Rs. 49,480 (as of 2014-15) from Rs. 13,059 in 2001.

In a press statement, the state government said the Gross State Domestic Product(GSDP) at current prices of the state has increased to 14.85 % from 4.07% in 2001-02 (growth rate of 324% over 2001) which was Rs. 38,313 compared to Rs. 1,62,652 in 2013-14.

“As per figures released by the Planning Commission of India, the growth rate of GSDP in Assam during 2011-12 was more than that of many developed states of India such as Gujarat, Orissa, Punjab, Rajasthan, Tamil Nadu, U.P., West Bengal, etc. Likewise, the Per Capita Income of Assam during this period was higher than that of many states like Haryana, Himachal Pradesh, Karnataka, Kerala, Orissa, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh, Rajasthan, Tamil Nadu, U.P., West Bengal etc,” the state government said in the statement.

The Assam government also added that nationalized banks and other financial institutions have increased the strength of its branches in the state.

“As of 2014-15 total holdings/deposits increased to Rs. 76,795 crore from Rs. 10,992 crore in 2001-02. Bank Lendings/Loans has also increased in the state as compared to Rs. 3,663 crore in 2003-04 to Rs. 33,763 crore in 2013-14.  Good economic measures taken up by the state government can be attributed to the overall growth scenario,” said in the statement.

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