Tax collection grows 36%, per capita income up by 14%; Key takeaways from Delhi Economic Survey

Delhi Economic Survey highlights: The survey report said that tax collection of the Delhi government registered a tremendous growth of 36 per cent during 2021-22 (provisional) as compared to the negative growth of 19.53 per cent in 2020-21 (due to COVID-19 pandemic).

Delhi's finance minister Kailash Gahlot on Monday tabled state Economic Survey in the Assembly. Here are the top points from the survey. (ALSO READ: 77% public works department projects are on track, says Delhi’s outcome budget)

Delhi Chief Minister Arvind Kejriwal and State Finance Minister Kailash Gahlot. (PTI/ Representative Image)

Delhi Economic Survey top points:

1) According to the survey report, the per capita income of Delhi at current prices reached at the level of ₹3,89,529 in 2021-22 as compared to ₹3,31,112 in 2020-21. The Delhi government’s revenue receipts consist of tax revenue, non-tax revenue and grants-in-aid/other receipts from the Centre.

2) "The Advance Estimate of Per Capita Income of Delhi at current prices during 2022-23 estimated at ₹4,44,768 registering a growth of 14.18 per cent over the previous year," it said.

3) Delhi's per capita income has always been around 2.6 times higher when compared to the national average, both at current and constant prices, it noted.

4) "Overall economic activity in Delhi has recovered faster compared to the national level, past the pre-pandemic levels. In the years 2021-22 and 2022-23, a sharp recovery of real GSDP of Delhi with a growth of 9.14 per cent and 9.18 per cent, respectively is based on a low base effect and inherent strengths of the economy," it said.

5) The survey report added that tax collection of the Delhi government registered a tremendous growth of 36 per cent during 2021-22 (provisional) as compared to the negative growth of 19.53 per cent in 2020-21 (due to COVID-19 pandemic).