Telangana's person, highest earning, biggest economic contributor

According to the most recent information provided to the Parliament by the federal Finance Ministry and the Ministry of Programme Implementation, Telangana's per capita NSDP at current prices in 2022–2023 was Rs. 3,08,732 lakh, followed by Karnataka with Rs. 3,01,673 and Haryana with Rs. 2,96,685.

Telangana's per capita NSDP has increased significantly over the last six fiscal years, rising by 72% from Rs. 1,79,358 in 2017–18 to Rs. 3,08,732 in 2022–23. The rise would be a startling 151% higher than the per capita NSDP of Rs. 1,24,104 in 2014–15.

In addition, Telangana's per capita income increased dramatically, jumping from Rs. 1.72 lakh in 2014–15 to Rs. 3.12 lakh in 2022–23, an increase of 81%.

The statistics from the Centre, however, also supported Telangana's claim that, although being a significant economic contributor to India, the State was getting less in terms of tax devolution. The amount of money sent to the state over the last five fiscal years has increased by a negligible 6%, from Rs. 18,560.88 crore in 2018–19 to Rs. 19,668.15 crore in 2022–23. The country's entire tax devolutions grew throughout this time, rising by 24.5 percent, from Rs. 7,61,454 crore in 2018–19 to Rs. 9,48,405 crore in 2022–23.