31. Economic Indicators: SDP, Per Capita Income, Inclusive Growth, Viksit Rajasthan 2047, SDGs

CORE Key Points at a Glance

1. 1

   Rajasthan GSDP Growth 2024-25

   • Nominal GSDP at current prices: ₹17.04 lakh crore in 2024-25
   • Up from ₹15.22 lakh crore in 2023-24 — growth rate of 12.02%
   • Compiled by Directorate of Economics and Statistics (DES), Government of Rajasthan
2. 2

   Real GSDP vs National Benchmark

   • Real GSDP (constant 2011-12 prices): ₹9.06 lakh crore in 2024-25
   • Real growth rate: 7.82% — surpasses national real GDP growth of 6.4%
   • Up from ₹8.41 lakh crore in 2023-24
3. 3

   Per Capita Income — Gap with National Average

   • Rajasthan PCI (current prices): ₹1,85,053 in 2024-25 — up 11.04%
   • National average: ₹2,00,162 — Rajasthan is ₹15,109 below
   • PCI growth (11.04%) exceeds national rate (8.7%), indicating convergence
4. 4

   Rajasthan's Share in India's GDP

   • Contributes 5.26% of India's nominal GDP (₹324.11 lakh crore in 2024-25)
   • Contributes 4.90% of India's real GDP at constant prices
   • Reflects Rajasthan's position as a mid-sized economy among Indian states
5. 5

   Sectoral Composition of GSVA 2024-25

   • Agriculture & Allied: 26.92% (well above India's ~17% — reflects agrarian character)
   • Industry: 27.16% (mining, manufacturing, electricity, construction)
   • Services: 45.92% (below India's ~53% — diversification underway)
6. 6

   Multidimensional Poverty — 47% Reduction

   • MPI fell from 28.86% (NFHS-4, 2015-16) to 15.31% (NFHS-5, 2019-21)
   • 47% reduction — faster than India's 40% national reduction
   • Driven by Swachh Bharat Mission, Saubhagya Scheme, and maternal health programs
7. 7

   Viksit Rajasthan 2047 — 10 Sankalps

   • Vision: $350 billion economy by 2029 through 10 Sankalps
   • Key focus areas: renewable energy, agriculture, industry, and tourism
   • Aligned with central government's Viksit Bharat 2047 program
8. 8

   Rising Rajasthan Summit 2024 — Record MoUs

   • ₹35 lakh crore worth of MoUs signed — largest in Rajasthan's history
   • Over 5,000 delegates participated including global investors and policymakers
   • 10 new policies launched: RIPS 2024, Export Policy 2024, MSME Policy 2024
9. 9

   SDG Composite Score — Performer to Front-Runner

   • Score improved from 60 (2020-21) to 67 (2023-24) — 7-point gain
   • Moved from Performer to Front-Runner category in SDGs India Index 4.0
   • SDG 7 (Affordable and Clean Energy): perfect score of 100 — solar energy leadership
10. 10

    District-level Economic Concentration

    • Jaipur: highest GDDP at ₹2,12,335 crore in 2023-24 (grew 13.63%)
    • Alwar: highest per capita income at ₹2,40,808 (2023-24); grew 13.96%
    • Jaipur alone accounts for ~14% of state GSDP — stark regional concentration
11. 11

    SDGs India Index 4.0 — National Framework

    • 4th edition (2023-24): 113 indicators across 16 goals; released July 2024
    • India's composite score: 71 (up from 66 in 2020-21)
    • Rajasthan's SDG 10 (Reduced Inequalities): 49 — below Performer threshold
12. 12

    Inclusive Growth — Multi-dimensional Measurement

    • Inclusive growth measures poverty across income, health, education, and living standards
    • Per capita income alone is inadequate — Gini coefficient and health outcomes also matter
    • Composite indices (HDI, MPI) provide fuller picture than GDP per capita alone