Daijiworld Media Network – Bengaluru

Bengaluru, Aug 9: Karnataka has emerged as the state with the highest per capita income in India for the financial year 2024–25, according to data presented by the union ministry of finance in the Lok Sabha. The state's per capita income has surpassed Rs 2 lac, marking a remarkable growth over the past decade.

As per the ministry’s data, Karnataka’s Net State Domestic Product (NSDP) at constant prices has reached Rs 2,04,605, showing a 93.6% increase from Rs 1,05,697 in 2014–15. This is the highest per capita income recorded among all states and Union Territories in the country for the year.

Nationally, the Net National Income (NNI) per capita stands at Rs 1,14,710, a 57.6% rise from Rs 72,805 a decade ago. While there has been a broad upward trend in income across India, the growth has varied significantly across states.

Karnataka leads the list, followed by Tamil Nadu with a per capita income of Rs 1,96,309. The state’s income almost doubled over the past ten years, a growth rate that stands out compared to most other major states.

Karnataka's consistent economic momentum is also evident from the recent year-on-year increase in per capita income from Rs 1,91,970 in 2023–24 to Rs 2,04,605 in 2024–25, a growth of 6.6%.

In terms of decade-long growth, Karnataka ranks second nationally with a 93.6% increase, just behind Odisha, which recorded a 96.7% rise. Mizoram showed the highest annual growth of 125.4% in 2023–24, followed by Gujarat (9.7%), Goa (89.9%), Karnataka (88.5%), Telangana (84.3%), and Odisha (8%).

However, the report notes that several states and Union Territories have not reported their per capita income data for 2024–25, including Arunachal Pradesh, Goa, Gujarat, Jharkhand, Kerala, Mizoram, Nagaland, Sikkim, Tripura, Uttar Pradesh, Andaman and Nicobar Islands, Chandigarh, Delhi, and Ladakh.

While Karnataka and a few other states have shown strong growth, some states have lagged. Punjab saw only a 41.3% increase in the decade, followed by Uttarakhand (33.5%) and Puducherry (32.8%), the lowest among those that submitted data.

Interestingly, traditionally low-income states like Mizoram and Odisha have recorded exceptional growth, indicating a gradual narrowing of regional income disparities.