| PER CAPITA INCOME [PCI] |
PER CAPITA CONSUMPTION [PCC] |
| Definition – “Per capita income is the average income of a nation”. |
Definition – “Per capita consumption is the average consumption of a nation”. |
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| Per capita income determines the average standard of living of a country. |
Per capita consumption is a direct determinant of standard of living in a country. |
| Per capita income is a useful measure of economic productivity of a nation. |
Per capita consumption is a useful measure of standard of living of a nation. |
| According to economic survey 2010-11, the per capita income in the year 2009-10 was Rs 40,745/- |
According to economic survey 2010-11, the per capita consumption in the year 2009-10 was Rs 23626/- |
