The report has been prepared by the Directorate of Economics and Statistics, Govt. of Delhi, as per methodology suggested by the Central Statistics Organization (CSO), Govt. of India. The report is significant as it reflects overall prosperity in Delhi and changing trend of various sectors. Moreover, Per Capita Income of Delhi continues to be more than double as compared to National averages. The report, in fact, is a rich source of reference and would prove to be useful to the planners, researchers, policy makers, industrialists, entrepreneurs and economic analysts.
While giving details, she stated that Delhi is ranked third among States/UTs in respect of Per Capita Income at current prices for the year 2010-11. As per advance estimates Per Capita Income will be Rs. 1,35,814/- with the annual growth rate of 16.19% over the previous year. As per quick estimates for the year 2009-10 Per Capita Income of Delhi at current prices is Rs. 1,16,886/- with the annual growth rate of 15.29% over the previous year as compared to a growth rate of 14.5% at National level. Per Capita Income estimate for the year 2009-10 at National level is Rs 46,492/-. It is Rs 1,32,719/- for Goa and Rs 1,20,912/- for Chandigarh..
It shows that Delhi is at 3rd place after Goa and Chandigarh which are too small in comparison to Delhi, hence, it becomes the highest among all major states. It attributes to the fact that the Minimum Wages in Delhi are the highest in the country. Per capita income over the years in Delhi at current prices has been going up from Rs.61,560/- in 2004-05 to Rs.1,01,381/- in 2008-09. Rs.1,16,886/- in 2009-10 and Rs.1,35,814/- in 2010-11. The trend reveals that satisfaction level of all Delhiites have gone up. Per capita income in Delhi has always been around 2 and half times than per capita income at National level.
The report also reveals that during 10th Five Year Plan i.e. 2002-03 to 2006-07 average annual growth of Gross State Domestic Product (GSDP) was recorded at 15.13% at current price and for the period of 2007-08 to 2009-10 of the Five Year Plan the annual growth was around 17.19%.
She added that the Delhi is at 9th position among all the states/UTs as far as total GSDP is concerned. GSDP of Delhi Rs.2,17,851/- crores at current prices, is estimated higher than adjacent state of Haryana, which is placed at 11th rank with GSDP estimates of Rs.2,16,287/- crore. The size of GSDP of Delhi is about 62 times higher than the GSDP of Sikkim and is about 1/4th of the highest rank state of Maharashtra. Percentage growth of GSDP of Delhi for the year 2009-10 over previous year reveals that the economy of Delhi is going forward on the path of economic growth in a considerable manner with a pace of 18.10% growth during the year as against 16.1% growth at National level. However rank-wise percentage growth of GSDP of Delhi is at 6th place. However as per the advance estimates for 2010-11 GSDP of Delhi is likely to attain a level of Rs.2,58,808/- crores with an annual growth of 18.80% over the previous year.
The CM further stated that share of primary sector (Agriculture & Forestry) in GSDP at current prices for the year 2009-10 and 2010-11 reveals that has decreased to 0.72% and 0.61% respectively from 1.09% share in the base year 2004-05. Further the contribution of secondary sector (Manufacturing & Construction) has decreased from 18.45% during the base year 2004-05 to 17.44% and 17.11% in the year 2009-10 and 2010-11. Manufacturing sub-sector is the second largest contributor in the economy of Delhi. Construction sector is also one of the major contributors in the economy of Delhi and is contributing approximately 1/10th total GSDP. The contribution of tertiary sector (Trade, Hotels, Restaurants, Communication, Banking, Real Estates and other Services) is increasing continuously. GSDP at current prices shows that the contribution of tertiary sector in the economy was 80.46% during the base year 2004-05 which has increased to 81.83% and 82.27% respectively in the year 2009-10 and 2010-11. GSDP for tertiary sector at current prices in 2004-05 was recorded at Rs.80,727/- crores which went up to Rs.1,78,293/- crores for 2009-10 and expected to be Rs.2,12,924 crores in 2010-11. The annual increase for 2009-10 and 2010-11 over the previous years will come to be 18.4% and 19.4% respectively.