Gujarat’s per capita income exceeds national average
March 31, 2023
Gandhinagar: According to the report by the Comptroller and Auditor General (CAG) for 2021-22 on Gujarat, the state’s per capita income surpassed the national average.
The CAG report mentioned that Gujarat’s per capita income was Rs. 2,76,588 in 2021-22, which was higher than the all-India average of Rs. 1,72,913. The state achieved all major fiscal targets set under the Gujarat Fiscal Responsibility Act, 2005, during the year. Furthermore, the state’s percentage of fiscal deficit to Gross State Domestic Product (GSDP) at 1.17% and to public debt at 15.86% remained within the targets set under the act.
Additionally, outstanding guarantees of the state were Rs. 3,044 crore during 2021-22, which was much lower than the ceiling of Rs. 20,000 crore prescribed under the Gujarat State Guarantees Act, 1963, according to the report. DeshGujarat
Recent Stories
- Heavy rain likely in these parts of Gujarat for next 48 hours; Here's the IMD forecast
- 9 laborers die during construction work in factory unit near Kadi
- Five including Principal of Saint Joseph school in Vijapur arrested
- Several Ahmedabad bound trains cancelled, diverted during 16-21 October
- 53 places in Gujarat received rainfall on 9th day of Navratri; here're 24 hours figures
- Pre-Existing Conditions and Maternity Insurance
- Jam Saheb declares former cricketer Ajay Jadeja as his successor