(a) whether the growth rate of Gross Domestic Product (GDP) is satisfactory, whereas the per capita income growth is not satisfactory;
(b) if so, the details of growth registered in GDP and in per capita income during the last three years, respectively;
(c) whether the economic development and growth in GDP are not impacting the day-to-day lives of common people because of which they are not able to use better facilities; and
(d) if so, the details thereof?
MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION AND MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF PLANNING (RAO INDERJIT SINGH)
(a) and (b): As per the latest released estimates of National Accounts, the details of Gross Domestic Product (GDP), Per Capita Net National Income (NNI) and their growth rates at constant (2011-12) prices, are given below:
<pre>
Items Year
2016-17 2017-18 2018-19 (PE)
GDP at Constant (2011-12) prices(Rs. crore) 1,22,98,327 1,31,79,857 1,40,77,586
Growth Rates of GDP at Constant (2011-12) prices (%) 8.2 7.2 6.8
Per Capita NNI at Constant (2011-12) prices (Rs) 82,931 87,623 92,565
Growth Rates of Per Capita NNI at Constant (2011-12) prices (%) 6.8 5.7 5.6
PE- Provisional Estimates.
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(c) and (d): In national accounts estimates, the consumption of goods and services by households is included in the Private Final Consumption Expenditure (PFCE) estimates. The PFCE estimates during the last three years at current and constant (2011-12) prices show an increase as given in the following table:
<pre>
Item 2016-17 2017-18 2018-19 (PE)
PFCE at Current Prices (Rs. crore) 91,15,769 1,00,83,121 1,12,90,029
PFCE at Constant (2011-12) Prices (Rs. crore) 69,04,085 74,17,489 80,16,674
PE- Provisional Estimates.
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