Economic Progress of Indian States: Per Capita Income and Socioeconomic Comparison
According to the latest available data (2024-25), Telangana is the wealthiest state in India in terms of per capita income, while Bihar remains the poorest state. Maharashtra, based on per capita income, is also among the top five states.
Key Rankings (Based on Latest Data for 2024-25)
Wealthiest States (Based on Per Capita Income)
Telangana is the state with the highest per capita income in India, with a per capita Net State Domestic Product (NSDP) of approximately ₹3.87 lakh. Other top states include Karnataka, Haryana, Tamil Nadu, and Maharashtra.
Poorest State
According to the latest reports from the Ministry of Finance and other data sources, Bihar remains the state with the lowest per capita annual income, placing it at the top of the list of the poorest states in India.
Maharashtra's Economic Status
In terms of Gross State Domestic Product (GSDP), Maharashtra is the largest contributor to India's economy, making it the largest economy in the country. However, in terms of per capita income (average income per person), it ranks among the top five wealthiest states, but is still behind smaller states like Telangana.