Delhi's per capita income is one of the highest in the country. It soared from ₹3,76,217 in 2021-22 to ₹4,61,910 in 2023-24.
The capital of India is second on the list of the Richest Cities in India, with an overall GDP of USD $293.6 Billion.
These averages mean nothing to tell a story.
The GDP is contributed by a small percentage of people, it does not (cannot) determine how Delhi as city functions
An average person/family has more money comparatively. But that has not able to change their thinking. Talk to rich businessmen with crores of income in the city, the thinking remains regressive.
Dafuq
Liabilities and high interest loans rising, household savings falling. It's a very worrying statistic if people are borrowing money just to stay afloat.
Correlation is not causation, less savings doesn't imply there's no money with people, it could very well be increase...
Maharashtra has become the 1st state in India
To cross $500 billion economy.
For reference the size of the Indian economy in year 2002 was 500 billion.
Earlier someone was very skeptical about Bharat growing at 7+ %. Here you go.......live long enough to witness the journey Like I said (1.07)^50 = 29.45 times current GDP
