Delhi’s Per Capita Income Elevates by 14% to Rs 444,768, Data Demonstrates

The latest edition of the Kejriwal Government’s Statistical Handbook-2023 has revealed a remarkable surge in Delhi’s per capita income, highlighting the city’s economic progress. The per capita income in Delhi has escalated from Rs 3,89,529 to Rs 4,44,768 in the current financial year, marking an increase of over 14%. This remarkable growth signifies a per capita income that is 158% higher than the national average.

Economic Performance and Public Services

Delhi’s economic landscape has seen substantial improvements under the current government. The city’s transportation sector, a key focus of the government, witnessed significant enhancements. An average of 41 lakh passengers reportedly utilized bus services daily in 2023. The city’s commitment to environmentally friendly transportation is evident with its fleet of 7,200 buses, including 1,300 electric buses.

The government’s infrastructural advancements extend to utilities as well. There has been an increase of nearly 2.8 lakh electricity consumers and more than 1 lakh new water connections in 2022-23. The Kejriwal government’s free electricity scheme generated over 3.41 crore zero-amount electricity bills, providing financial relief to many residents.

In the employment sector, Delhi now boasts the highest minimum wages in India, setting the standard for unskilled, semi-skilled, and skilled workers. These wages are revised biannually, reflecting the government’s commitment to improving living standards.

Fiscal Health and Sector Contributions

The city’s fiscal health has shown significant improvement, with its revenue more than doubling in 2021-22 compared to the previous fiscal year. The city has maintained a consistent revenue surplus, increasing to Rs 3,270 crore during 2021-22 from Rs 1,450 crore in 2020-21. Trade, hotels, and restaurants have been major contributors to Delhi’s GDP. The Gross State Value Added (GSVA) from these sectors amounted to nearly Rs 1,17,417 crore in 2022-23, accounting for 12.81% of Delhi’s GSVA.

Challenges and Missed Targets

Despite these successes, the government faced some challenges in meeting its set targets. The installation of CCTV cameras fell short of the intended goal, with only 2.06 lakh cameras installed against a target of 2.80 lakh. Additionally, the operationalization of mohalla clinics did not meet the expected number, with 518 clinics becoming functional against the target of 1,000.

Looking Ahead

The Economic Survey 2022-23 reveals a positive outlook for Delhi’s economy, with a strong recovery in the services sector, consumption, and investment. This recovery is partly attributed to the successful vaccination drive in the city. The survey indicates that the overall economic activity in Delhi has recovered faster compared to the national level, surpassing pre-pandemic levels.

In conclusion, the Kejriwal Government’s Statistical Handbook-2023 not only underscores the increase in Delhi’s per capita income but also highlights significant improvements in public services, infrastructure, and fiscal management. These developments mark a year of robust growth and substantial progress for the capital city.

Share:

MORE STORIES

## Navigating the AI Revolution: 5 Trending Google Ads Topics for Marketers As Google Ads continues its rapid evolution, staying ahead of the curve is paramount for digital marketers. The platform’s increasing reliance on artificial intelligence, shifting privacy landscapes, and the introduction of new campaign types are creating a fresh set of challenges and opportunities. Here are five top trending blog topics that delve into the most critical areas of Google Ads today. ### 1. The Rise of the Machines: Mastering AI-Powered Campaign Types Google is unequivocally betting on AI to drive the future of its advertising platform. A key area of focus for marketers is understanding and mastering AI-driven campaign types like Performance Max and Demand Gen. These campaigns automate targeting, bidding, and ad creation across Google’s entire inventory. A deep dive into strategies for providing the right inputs to these “black box” models, interpreting their performance, and understanding how to guide the AI for optimal results is a crucial topic for advertisers looking to succeed in this new era. ### 2. Beyond the Click: Navigating the New Landscape of Measurement and Attribution With the impending deprecation of third-party cookies and a growing emphasis on user privacy, the way advertisers measure success is undergoing a fundamental shift. This has propelled topics like enhanced conversions, consent mode, and the integration of first-party data to the forefront. Marketers are actively seeking guidance on how to implement these privacy-centric measurement solutions to gain a more accurate and holistic view of their campaign performance in a world without granular user tracking. ### 3. Creative is the New Targeting: Leveraging AI for Compelling Ad Experiences In an automated world, the creative has become a key differentiator. Google is investing heavily in AI-powered tools that can generate and optimize ad copy, images, and videos. Blog posts that explore how to effectively use these generative AI features to create a high volume of diverse and engaging ad creatives are gaining significant traction. This includes best practices for providing creative inputs, A/B testing AI-generated assets, and ensuring brand consistency across automated campaigns. ### 4. The Evolution of Search: Adapting to a More Conversational and Visual SERP The traditional keyword-based search is evolving. Users are increasingly employing longer, more conversational queries, and Google is responding with a more visual and AI-driven search engine results page (SERP). This shift requires a re-evaluation of traditional keyword research and bidding strategies. Trending discussions revolve around how to adapt to this new reality, including the role of broad match keywords, the importance of high-quality creative in visual search formats, and strategies for capturing intent in a more conversational search landscape. ### 5. Future-Proofing Your Strategy: The Growing Importance of a Full-Funnel Approach As automation takes over many of the manual levers within Google Ads, the focus is shifting towards a more strategic, full-funnel marketing approach. Advertisers are looking for insights on how to effectively use different Google Ads campaign types to guide users through the entire customer journey, from initial awareness to final conversion and retention. This includes discussions on how to structure campaigns to complement each other, allocate budgets across the funnel, and measure the impact of upper-funnel activities on bottom-line results.

Google Ads is in the midst of a quiet revolution—one driven by artificial intelligence, privacy-first regulations, and a rapidly changing search landscape. For digital marketers,

Send Us A Message