After being ranked second to Bihar as the poorest State in India, Meghalaya now has the record of being a State with the second lowest per capita income in the country.
Manipur has the lowest per capita income although the figure for 2022-23 was not available.
According to the data provided by the Ministry of Statistics and Programme Implementation, Meghalaya’s per capita income, measured in terms of Per Capita Net State Domestic Product (NSDP), at current prices for the fiscal year 2022-23 is only Rs 98,572.
Further, Meghalaya’s per capita income in 2020-21 was Rs 84,638. In 2021-22, the per capita income was Rs 90,638.
Although the State showed an increasing trend in per capita income at current prices, it was the second lowest in the entire country in the last three years.
Similarly, Meghalaya’s per capita income, at constant prices, is also the second lowest in the country after Manipur.
The State’s per capita income, at constant prices, in 2022-23 was only Rs 65,336. In 2020-21 it was Rs 56,679 while in 2021-22 it grew to Rs 60,606.
Telangana ranked first among all the states in the country with the highest per capita income at current prices for the fiscal year 2022-23.
With a per capita income of Rs 3,08,732, Telangana topped the list followed by Karnataka with Rs 3,01,673 and Haryana with Rs 2,96,685.
Haryana topped the list with a per capita income of Rs 1,81,961 in 2022-23 at constant prices. It was followed by Karnataka at Rs 1,76,383 and Tamil Nadu at Rs 1,66,463.
The per capita income of a State is used to evaluate the standard of living and quality of life of the population.
Per capita income measures the average income earned per person in a State in a specified year. It is calculated by dividing the State’s total income by its total population.