kerala is the state in india with the highest per capita income.
kerala is the state in india with the highest per capita income.
highest per capita income which state in india?
kerala
Na
Na
the share of per capita income has increased from 20% to 25%. out of 25%, 20% will continue to be allocated on the principle of the deviation method (the per capita state domestic product is calculated by taking an average of per capita state domestic product whose actual data are available, for the latest three years.) to those states whose per capita income is below the average national per capita income and the rest 5% will be allocated to all states on the principle of the distance method (the distance of per capita income of each state from the state which has the highest per capita income is calculated, then these values are multiplied with the respective value of the population of each state. this was done to meet the objections like, less developed states were allocated less and given low weightage, also the states whose per capita income were slightly higher than the average national per capita income, were deprived of share under this particular criterion.
gadgil formula