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| Per capita income Rises to Rs 43,749
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New Delhi, Feb 8 /--/ The average income of an Indian is expected to rise to Rs 43,749 during the current fiscal, 9 per cent more than the per capita income a year ago, with the economy growing 7 per cent plus in 2009-10. The per capita income, an indicator of collective prosperity, was Rs 40,141 in 2008-09, higher by 13.3 per cent recorded in the year ago period, according to the Central Statistical Organisation's (CSO) advance estimates. The lower growth rate in 2009-10 is partly because of poor exports as outward shipments add to the net national income while imports reduce it. Contribution of exports to the economy during 2009-10 is estimated to fall to 18.6 per cent from 23.5 per cent a year ago. The global financial crisis pulled down India's economic growth to 6.7 per cent in 2008-09 from over nine per cent a year ago. (PTI)
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