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Currently, what is the average income of an individual in India?
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Currently, what is the average income of an individual in India?
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The average income of an individual in India can be viewed through different metrics, each providing a unique perspective.
Per Capita Net National Income:
- As of 2023, the per capita net national income in India was approximately ₹172,000 per annum.
Average Monthly Income:
- The average monthly income of an individual in India is estimated to be around ₹14,333.
Important Considerations:
- These figures are averages and do not reflect the income distribution across the population, which can vary significantly.
- Income disparities exist between urban and rural areas, as well as across different states and social groups.