http://cities.expressindia.com/fullstory.php?newsid=129644
Financial health report, released by Walia, says Delhiitesâ per capita income (2003-04) is more than double that of the national average at Rs 51, 664 compared to Rs 20, 989.
Express News Service
New Delhi, May 16: DELHI gets prosperous. This is the loud and clear verdict from Delhiâs financial health report, released by Finance Minister Dr A.K. Walia today.
The Estimates of State Domestic Product of Delhi said the Capitalâs per capita income is about two-and-half times the national average and is the second-highest in the country (after Goa). While Delhiitesâ per capita income is at Rs 51,664 for 2003-04, the national average is Rs 20,989 for 2003-04.
The report said it grew by 8.9 pc from the previous yearâs (2002-03) Rs 47,441 as the per capita income.
The Gross State Domestic Product grew by 12.1 pc, compared to 11.7 pc in national GDP. ââDelhiâs contribution is about 3.1 pc in national income, compared to its 1.4 pc share in total population of the country,ââ Dr Walia said.
Comparing the Delhiâs GSDP at current prices, the highest growth of 25 pc was achieved in the communication sector during 2003-04, followed by 17 pc in the transport sector, 13 pc in trade, hotels and restaurants and 12 pc growth was achieved in each sector like manufacturing, construction and real estate and business services sector.
The minister said the tertiary sector has an important role in the Capitalâs economy and its contribution, in real terms, is about 78 pc. The secondary sector is contributing 21 pc and remaining 1 pc is the contribution of primary sector.
In the tertiary sector, banking and insurance, real estate and business services sector is contributing about 29 pc in Delhiâs economy followed by 21 pc by trade, hotels and restaurants, 15 pc by transport, storage and communication, 13 pc by community, social and personal services.
In the secondary sector, the registered manufacturing sector is contributing about 5 pc and unregistered manufacturing sector contributes about 7 pc, while 8 pc contribution is from the construction sector in Delhiâs economy
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