In a written reply to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said that Goa had the highest per capita income in India in the financial year 2023–24. Goa’s per capita Net State Domestic Product (NSDP) was Rs 3.57 lakh, while Bihar had the lowest at just Rs 32,227. This data was shared by the National Statistical Office (NSO) and reported by Financial Express.
The minister was answering questions asked by MPs Giridhari Yadav and Dinesh Chandra Yadav. Chaudhary said, “The per capita net national income at constant prices for 2024–25 stands at Rs 114,710,” which is a big increase from Rs 72,805 in 2014–15.
But even though incomes have increased across the country, there is a big gap between rich and poor states. “The increase in per capita income varies across states and UTs,” Chaudhary said. He explained that these differences happen because of “varying levels of economic development, sectoral composition, structural disparities, and governance mechanisms.”
Top 5 States/UTs in Per Capita Income (FY24):
• Goa – Rs 357,611
• Sikkim – Rs 292,339
• Delhi – Rs 271,490
• Chandigarh – Rs 256,912
• Puducherry – Rs 1,45,921
Bottom 3 States in Per Capita Income (FY24):
• Bihar – Rs 32,227
• Uttar Pradesh – Rs 50,341
• Jharkhand – Rs 65,062
States like Karnataka (Rs 1.91 lakh), Tamil Nadu (Rs 1.79 lakh), and Telangana (Rs 1.77 lakh) have shown good economic growth. But the eastern and central parts of India are still behind.
A senior economist said, “Addressing such regional imbalances will be critical for long-term inclusive growth.”
The Finance Ministry said the government is “committed to inclusive development” and follows the vision of Sabka Saath, Sabka Vikas.