Delhi's economy to contract by 5.68% in FY21: Economic Survey

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The economy of Delhi is expected to contract by 5.68 per cent in real terms while the per capital income is projected to fall to Rs 3.54 lakh in the current financial year due to the impact of the pandemic, according to Delhi Economic Survey 2020-21.

However, the advance estimate of the gross State domestic product (GSDP) at current price is Rs 7,98,310 crore, showing a contraction of 3.92 per cent over the previous year.

The GSDP at current prices increased by about 45 per cent in the last six years — from Rs 5,50,804 crore in 2015-16 to Rs 7,98,310 crore in 2020-21. The per capita income went down from Rs 3.76 lakh in 2019-20 to Rs 3.54 lakh in 2020-21.

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