DELHI ECONOMY BOOMS, PER CAPITA 3 TIMES NATIONAL AVG

DELHI ECONOMY BOOMS, PER CAPITA 3 TIMES NATIONAL AVG

According to the Delhi Government, the economy of the national Capital is booming(फलफूल रहा) with the Gross State Domestic Product (GSDP) estimated to grow at 12.76 per cent in 2016-17. It claimed that the advance estimate of Delhi at current prices during 2016-17 is likely to attain level of Rs 6,22,385 crore. However, in terms of constant prices, which does not take inflation into account, the economy growth rate saw a decline (पतन) from 8.82 per cent in 2015-16 to 8.26 per cent in 2016-17 as per advance estimates. As per the Economic Survey tabled in the Delhi Assembly on Tuesday, Delhi's per capita income was almost three times of the national average, both at current and constant process. "The advance estimate of Net State Domestic Product (NSDP) of Delhi is likely to attain a level of Rs 5,65,655 crore in 2016-17 which is estimated to grow at 12.88 per cent," underlined the survey. The survey highlighted that Delhi's economy has a predominant(प्रमुख) service sector with its share of contribution to GSVA at 82.26 per cent during 2016-17 followed by contribution of secondary and primary sectors. The per capita income of Delhi at current prices reached Rs 2,73,618 in 2015-16 as compared to Rs 2,49,004 in 2014-15 and Rs 2,29,518 in 2013-14. The advance estimate of per capita income of Delhi at current prices during 2016-17 estimated at Rs 3,03,073. The tax collection in Delhi has grown at 20.84 per cent (estimate) in the current year, but its revenue surplus has come down. “Tax collection registered a growth of 20.84 per cent in 2016-17 as compared to the growth of 13.61 per cent in 2015-16. With the concerted efforts, total tax collection of Rs 30,225.16 crore could be collected during 2015-16 with a growth of 13.61 per cent over 2014-15,” it said. Delhi has maintained its consistent Revenue Surplus which was Rs 8,656 crore in 2015-16 as compared to Rs 6,075 crore in 2014-15. Delhi's revenue surplus (अधिशेष) was 1.57 per cent of GSDP in 2015-16 which is reduced to 0.89 per cent in 2016-17. The expenditure incurred on social service sectors in Delhi has increased from 48.79 per cent in 10th Five Year Plan to 57.12 per cent in 11th Five Year Plan and 66.69 per cent for the first four years of 12th Five Year Plan.

The survey has mentioned that the number of dealers registered under DVAT / Sales Tax increased from 2.24 lakh in 2009-10 to 3.73 lakh (Tentative) in 2016-17. As per Census 2011, about 97.50 per cent of the population lives in urban area with the rural area reducing with the number of villages falling to 112 in 2011 from 165 in 2001.

"Rural area of Delhi reduced from 558.32 sqkm in 2001 to 369.35 sqkm in 2011... The density of population has increased from 9,340 persons per sqkm. in 2001 to 11320 persons per sqkm in 2011."

 The survey reveals that the plantation across Delhi has doubled in the last decade with South Delhi district having the highest forest cover area at 92.14 sqkm. The lowest forest cover is in East Delhi of 3.28 sqkm.

The electricity supply in Delhi increased from 23,537 million units in 2005-06 to 33,615 million units in 2015-16. However, the number of electricity consumers in Delhi has grown by 85.43 per cent during the last ten years. The total number of water connections provided by DJB increased from 17.85 lakhs in 2009-10 to 23.21 lakhs in 2015-16.

"There is a near universal electrification and 99 per cent of the households have access to sanitation facilities... While the water supply and distribution in Delhi is being made by Delhi Jal Board, it has a total water treatment capacity of  906 MGD as on March, 31 2016 with 12 Water Treatment Plants."

"All domestic consumers of Delhi Jal Board consuming water up to 20 KL per month and having functional water meters are being given 100 per cent subsidy and fully exempted from payment of water bills w.e.f 01.03.2015…Delhi Jal Board has sewage treatment capacity of 607 MGD as on March 31, 2016, whereas, utilisation capacity is only 74 per cent", the survey stated.