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PRESS RELEASE ON REPORT ON ESTIMATES OF STATE DOMESTIC PRODUCT OF DELHI 2015-16, 06th May 2016

Home/ PRESS RELEASE ON REPORT ON ESTIMATES OF STATE DOMESTIC PRODUCT OF DELHI 2015-16, 06th May 2016

DIRECTORATE OF INFORMATION & PUBLICITY
GOVERNMENT OF DELHI
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Dated : 06/05/2016

  • REPORT ON ESTIMATES OF STATE DOMESTIC PRODUCT OF DELHI 2015-16

Sh. Manish Sisodia, Dy. Chief Minister today released “Estimates of State Domestic Product – 2015-16” of Delhi brought out by the Directorate of Economics & Statistics, Govt. of NCT of Delhi. The estimates have been prepared with new base year 2011-12.

Sh. Sisodia stated that the economy of Delhi is going forward on the path of sustainable growth in a considerable manner. Sh. Sisodia further stated that rank wise position of Delhi as per the estimates of GSDP is much better than some of the states such as Madhya Pradesh, Bihar, Haryana and Odisha.

Sh. Sisodia stated that the GSDP in Delhi at the current prices for the year 2015-16 is estimated at ₹ 558745 crores against ₹ 494460 crores in 2014-15, registering a growth of 13.00 %. As regards the real growth in GSDP at constant prices in Delhi during 2015-16 is 8.34 % as compared to 7.6 % at the National Level. The contribution of Delhi in total GDP (at current prices) at the National Level is 4.12% as compared to 1.43% share of Delhi in total population of the country.

The per capita income of Delhi has been fast increasing year by year. It is expected to be ₹ 280142 for the year 2015-16 against ₹ 252011 during 2014-15. This reveals annual growth of 11.16% over the previous year. Among all States / UTs Delhi’s rank is 2nd. While comparing with neighboring state the per capita income in Haryana is ₹ 1.50 lakh and Punjab is ₹ 1.15 lakh in 2014-15 . The per capita income of Delhi is about three times higher than the national average of ₹ 93231 for 2015-16.

Sh. Sisodia added that the share of service sector in Delhi’s economy is about 82.3% followed by secondary sector at 15.5% and primary sector at 2.2%. The share of manufacturing sector is about 8.80%, construction sector is 4.01%, trade hotels and restaurant is 14.97%, financial services is 15.40% and the maximum share of 26.82% is from real estate, ownership of dwellings & professional services.

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