Daily Current Affairs on Per capita income gap between Karnataka's richest, poorest districts widens for IBPS RRB - Officers Exam Preparation

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Per capita income gap between Karnataka's richest, poorest districts widens

The average income in Bengaluru Urban, which continues to be the richest district in the state, was Rs 6.2 lakh in FY22 (for which data is last available).

  • This is almost 5x higher than the income in Kalaburagi, the poorest district with a per capita income of Rs 1.2 lakh.
  • Incomes in the richer districts of the state also continue to grow at a faster pace. Per capita income in Bengaluru Urban, Dakshina Kannada, Udupi, Chikkamagaluru, and Bengaluru Rural grew at a compound annual growth rate (CAGR) of 10.18 per cent between 2017-18 and FY22 on average. 
  • There has been a difference in growth rates, despite the higher base of the richer districts, in the preceding four year period (FY14-18) as well, ahead of the relatively poorer districts.

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