Wednesday, February 9 2005 20:05 Hrs (IST) - World Time -

New Delhi: An average Indian will see only 5.2 per cent rise in income at Rs 12,414 though the economy is expected to log 6.9 per cent growth this fiscal.

According to Central Statistical Organisation, the per capita income in real terms is estimated to go up to Rs 12,414 during 2004-05 from Rs 11,799 in the last fiscal.

The per capita income growth, measured in terms of 1993-94 prices, is expected to grow at a slower rate of 5.2 per cent this fiscal as against 7.1 per cent in 2003-04.

The National Income at factor cost is estimated to rise by 7 per cent to Rs 13,54,385 crore during this fiscal as against previous year's quick estimate of Rs 12,66,005 crore.

However, at current prices the per capita income is expected to grow by 11.1 per cent at Rs 23,308 compared to Rs 20,989 during the previous year.

Likewise, the national income is showing an increase of 12.9 per cent at current prices at Rs 25,42,921 crore in 2004-05 compared to Rs 22,52,070 crore the year ago.

"Though both the national income and per capita income at constant prices show a marginal decline in the growth rate during 2004-05 in comparison with the previous year, at current prices, the estimates indicate almost doubling in both national income and per capita income," it said.