Telangana is among top 10 richest states in per capita urban spending
Telangana's urban monthly per capita consumption expenditure (MPCE) for 2022–2023 has earned it a place among India's top 10 states. telangana is ranked fourth in terms of urban MPCE according to the Ministry of Statistics and Programme Implementation's survey on household consumption expenditure.
Maharashtra tops list of top 10 states in India
Telangana's MPCE, both rural and urban, is higher than the average MPCE of the country, although it is lower than that of sikkim, Goa, and Arunachal Pradesh. With an urban MPCE of Rs 12,105, sikkim is at the top. The top ten indian states by per capita urban spending are shown below.
Richest states
Meanwhile, telangana is also among the top 10 richest states based on per capita income, measured by Per Capita Net State Domestic Product (NSDP). The per capita income in telangana is Rs 3,08,732.
Meanwhile, telangana is also among the top 10 richest states based on per capita income, measured by Per Capita Net State Domestic Product (NSDP). The per capita income in telangana is Rs 3,08,732.
Below is the list of the top 10 richest states in india by NSDP per capita:
The gross domestic product, or GDP, is a metric used to determine the total worth of all products and services generated in a certain area. The Gross Domestic Product (GDP) per capita is a metric that expresses the average economic production, or GDP, per individual in a nation. It is calculated by dividing a nation's total GDP by its population. These two characteristics provided a very good idea of the level of wealth held by the people in a given area.