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The New Tax Regime is a scheme of Income tax in India first proposed in Union Budget 2020–21. [1] Subsequent Budget of FY2021-22 did not see any major announcements in this regime. [2] During the Budget 2022–23, reports emerged that New Tax Regime was getting poor response [3] and Government is considering to make it more attractive among ...
The economy of the Indian state of Andhra Pradesh is primarily dependent on agriculture, which directly and indirectly employs 62% of the population. [9] GSDP as per the first revised estimate, for the year 2023-24 is ₹15,40,000 crore. [10] The state is ranked 1st in the country for the year 2021-22 in terms of the Gross State Domestic ...
Rural area. In general, a rural area or a countryside is a geographic area that is located outside towns and cities. [1] Typical rural areas have a low population density and small settlements. Agricultural areas and areas with forestry are typically described as rural, as well as other areas lacking substantial development.
Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. In many countries, per capita income is determined using regular population surveys, such as the American Community Survey. [1] This allows the calculation of per capita income for both the ...
As an overview, India's per capita net national income or NNI was around Rs. 98,374 in 2022-23. [1] The per-capita income is a crude indicator of the prosperity of a country. In contrast, the gross national income at constant prices stood at over 128 trillion rupees. [2] The same year, GRI growth rate at constant prices was around 6.6 percent.
e. This is a list of states and union territories of India ranked according to poverty as of 2022 (2021–22) as hosted by NITI Aayog 's Sustainable Development Goals dashboard; and Reserve Bank of India 's 'Handbook of Statistics on Indian Economy'. [1][2] The rank is calculated according to the percentage of people below poverty -line which ...
However, the agricultural activities undertaken in the state contributed only 16.3% to the GSDP in the fiscal year 2013-14 and it was estimated to be 15.4% in 2014–15. The area under cultivation was 5,691 hectares in 2005-06 and it dropped to 5,424 hectares in 2013–14. Rice is the dominant crop in Odisha. It is grown on 77% of the area ...
Status: In force. Mahatma Gandhi National Rural Employment Guarantee Act 2005 or MGNREGA, earlier known as the National Rural Employment Guarantee Act or NREGA, [3] is an Indian social welfare measure that aims to guarantee the ' right to work '. This act was passed on 23 August 2005 [1] and was implemented in February 2006 under the UPA ...