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India's per capita income grows by 8.6% to Rs 1.13 lakh in FY18
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Sarkar on Instagram: "Per capita income means the average income earned per person in a specific area (like a country, state, or city) during a certain period, usually a year. Formula: \text{Per Capita Income} = \frac{\text{Total Income of a Region}}{\text{Total Population of that Region}} Example: If a country has a total income of ₹1,00,00,000 and a population of 10,000 people: \text{Per Capita Income} = \frac{1,00,00,000}{10,000} = ₹1,000 Use: It is used to compare the economic well-being of
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