City’s revenue collection registers a growth of 14.7% in 2017-2018; debt problem ‘well under control’, states Economic Survey tabled in Assembly
New Delhi: The Delhi government’s revenue collection, the per capita income of Delhiites and the percentage of growth of the Gross State Domestic Product (GSDP) of the Capital are all estimated to see an upward trend, according to the Economic Survey of Delhi 2018-2019.
Tabled by Delhi Finance Minister Manish Sisodia in the Assembly on Saturday, the Economic Survey shows that Delhiites earn about three times the national per capita income. In 2018-2019, Delhi’s estimated per capita income at current prices is Rs. 3,65,529, while the national per capita income is Rs. 1,25,397.
The Delhi government’s tax collection registered a growth of 14.7% in 2017-2018, an increase from the 3.03% growth witnessed in 2016-2017, according to the Economic Survey. The government’s non-tax revenue, which includes interest, dividend, profit from investments, service charges, fees and fines, saw a huge 101.23% growth in 2017-2018, after witnessing a decrease of 26.14% in 2016-2017.
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