Summary:
New Delhi March 8The economy of Delhi is estimated to contract by 3.92 per cent in the current financial year according to Delhi Economic Survey 2020-21. In real terms the contraction in Delhi's gross state domestic product (GSDP) is expected at 5.68 per cent in 2020-21 compared to contraction of 8 per cent at national level said the report. The per capita income also went down from Rs 3.76 lakh in 2019-20 to Rs 3.54 lakh in the current fiscal year. The per capita income of Delhi at current prices during 2020-21 is estimated at Rs 354004 against per capita income of Rs 127768 at national level. In 2019-20 with outstanding debt of Rs 34461.83 crore as on March 31 2020 the Debt-GSDP ratio had declined substantially to 4.15 per cent as compared to 8.61 per cent in 2011-12..