The provisional estimates say that every person in Telangana earns Rs 93,151 a year, much more than the national average of Rs. 74,380. Telangana stood far ahead of Andhra Pradesh in terms of Per Capita Income. The average earning of each individual of Andhra Pradesh is Rs. 85, 797 per year.
The numbers were revealed in a Socio-Economic Outlook revealed by the state government of Telangana on Wednesday.
Telangana has been improving its Per Capita Income regularly since a decade except for a year. In 2004-05, the Per Capita Income of Telangana was Rs 24,409.
The Socio-Economic Outlook, despite many positive figures, cautioned, “The improvement in the performance of Telangana in terms of per capita income in relation to all India per capita income is not only due to the acceleration in the aggregate GSDP growth but also due to faster deceleration in the population growth experienced by the state during the last two decades.”