The Monthly Income Of The Average Indian has crossed the Rs 3000 Mark.

[kashyap putra]

The monthly income of an average Indian for the first time in the country's history has crossed Rs 3,000, thanks to economic reforms and Choose option to make repayment easy Planning for education cost How to manage short-term loan repayment
a high growth rate of above 9 per cent achieved for three years since 2005-06.

The per capita income, a measure of average income of a citizen, went up 12.2 per cent to Rs 37,490 per annum during 2008-09, said the advance estimate for national income released by the Central Statistical Organisation (CSO) today.

During 2007-08, the per capita income was Rs 33,283 per annum.

The CSO data further reveals that the per capita income at constant (1999-2000) prices during the last fiscal rose to Rs 25,494 per annum from Rs 24,295 per annum in the previous year, recording a growth rate of 4.9 per cent. Is this the good signs for the indians with the formation of new givernment?