By Admin 
Per Capita Income: The country’s economy is continuously growing but still the income of the people is not the same in every state of the country. According to a new report, Sikkim has become the richest state in the country in terms of per capita income, while Bihar is at the lowest position. The report clearly states that the income gap between states is still quite large. The per capita income of a state tells what is the average income of the people living there. From this, the economic condition of that state and the lifestyle of the people are also estimated.
What is per capita income?
The figure obtained by dividing the total income of a state by its total population is called per capita income. However, this does not mean that the income of every person is the same, but it definitely gives an idea of the economic condition of the state.
First Hardeep Singh Puri said- ‘Everything is fine’, then Nitin Gadkari admitted- ‘Mileage will reduce’, what is the truth after all?
How did Sikkim become number 1?
According to the report, Sikkim has left all the states behind in terms of per capita income. Talking about the reason behind this, experts are considering it to be the small population of the state, tourism, hydropower projects and strong economic activities. Due to low population and good taxes, the per capita income here is the highest in the country.
Why is Bihar lagging behind?
The report clearly states that Bihar is again at the bottom in terms of per capita income. The reasons for this have been considered to be the increasing population of the state, low industrial development and low per capita income. Although Bihar’s economy has improved in the last few years, it is still far behind other states in terms of per capita income.
Haryana is number 1 in the country in tax collection, Bihar is the worst, report reveals the self-reliance of the states.
Which states are ahead?
Sikkim is not alone in leading the way. Apart from this, the per capita income of states like Goa, Delhi, Karnataka, Haryana and Telangana is also the highest in the country. Due to strong activities like industry, IT, service sector and tourism in these states, the average income of the people is high.
Understand the picture of the state-
Increasing per capita income means that the economic activities of the state are getting stronger and the average income of the people is increasing. However, to understand the complete picture of a state, it is important to look at other aspects like employment, inflation, education, health and cost of living.
Strong buying in IT shares, Sensex opened with 694.83 points and Nifty with 195.95 points, know why the market has returned.