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Delhi’s Per Capita Income Projected at ₹5.31 Lakh in 2025–26​

New Delhi, March 23 — According to the Delhi Economic Survey 2025–26, presented in the Assembly by Chief Minister Rekha Gupta, Delhi’s per capita income at current prices is expected to reach ₹5,31,610, registering a growth of 7.92% over 2024–25. The report noted that Delhi’s per capita income is projected to be about 2.5 times higher than the national average in 2025–26.

Gross State Domestic Product (GSDP) Growth​

Delhi’s GSDP at current prices is estimated to reach ₹13,27,055 crore, reflecting a growth of 9.42% over 2024–25. At constant prices, GSDP is projected at ₹7,76,479 crore, showing a growth of 8.53% over the previous year.

Fiscal Health and Revenue Surplus​

The budgeted revenue surplus for 2025–26 (Budget Estimates) is ₹9,661.31 crore, accounting for 0.73% of GSDP. Delhi has maintained a consistent revenue surplus, with provisional figures showing ₹12,247.03 crore in 2024–25 and ₹6,462.30 crore in 2023–24.

The fiscal deficit for 2025–26 is expected to rise to ₹13,703 crore, largely due to a 145% increase in capital expenditure compared to 2024–25. Capital expenditure is budgeted at ₹28,115 crore, up from ₹11,485 crore in 2024–25 (provisional).

Budget Allocation and Tax Revenue​

The total budget for 2025–26 is ₹1,00,000 crore, with ₹59,300 crore earmarked for government schemes, programs, and projects—an increase of ₹20,300 crore from the previous year.

The report highlighted that 68.7% of Delhi’s expenditure budget is financed through its own tax revenue. Breakdown of expected tax contributions includes:
  • Goods and Services Tax (GST) and Value Added Tax (VAT): 71.3%
  • Excise: 10.2%
  • Stamp Duty: 13.1%
  • Motor Vehicle Tax: 5.4%
Tax collection for 2025–26 is budgeted to grow by 15.54% over the previous year.

Sectoral Contribution to Economy​

Delhi’s economy is dominated by the service sector, contributing approximately 86.32% to Gross State Value Added (GSVA) at current prices during 2025–26. The secondary sector contributes 12.88%, while the primary sector accounts for 0.80%.

The survey underscores the city’s continued reliance on services as the primary driver of economic growth, alongside expanding fiscal capacity and targeted budget allocations to sustain infrastructure, social services, and development projects.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

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