Every person in Telangana earns Rs 93,151 a year
Hyderabad: At Rs 93,151, the annual average income of each individual in Telangana is encouraging. This is much higher than the national average, which stands at Rs 74,380 according to provisional estimates.
It is also higher than the per capita income of Andhra Pradesh.
Read: Huge rise in per capita income
Despite this, Telangana ranks the same as Andhra Pradesh in terms of Human Development Index though it was lagging behind a decade ago.
Read: Rs 212 crore allocated to improve technical education
The Telangana state government on Wednesday released the Socio-economic Outlook for 2014 instead of the usual Socio-economic Survey released by governments every year.
Per capita income in the state stood at Rs 93,151 a year while that in neighbouring Andhra Pradesh is Rs 85,797 per annum.
The national average of Per capita income is lower than both the states at Rs 74,380 per annum.