Published Jul 24, 2025 | 11:55 PM ⚊ Updated Jul 24, 2025 | 11:55 PM
Congress leader Jairam Ramesh.
Synopsis: Karnataka has recorded India’s highest per capita NSDP at ₹2,04,605 in FY 2024–25, 78% above the national average. Congress MP Jairam Ramesh and CM Siddaramaiah credited private investment and welfare schemes for the achievement.
Congress MP and senior leader Jairam Ramesh lauded the Congress government in Karnataka for pioneering combination of private sector-led investment and social welfare, leading to the state recording highest per capita net state domestic product (NSDP) in the country.
Sharing the news on X, he said, Karnataka is now undoubtedly the template which the country should follow.
Earlier this week, replying to unstarred questions by Giridhari Yadav and Dinesh Chandra Yadav in the Lok Sabha, Union Minister of State for Finance Pankaj Chaudhary, quoting Ministry of Finance and the National Statistical Office figures for the financial year 2024-25, said Karnataka reported a per capita NSDP of ₹2,04,605.
Further praising Karnataka, Jairam Ramesh wrote on X: ” At Rs 2,04,605, Karnataka’s NSDP was a whopping 78% higher than the net national income of Rs 1,14,710.”
In its response to a question in the Lok Sabha on 21st July, 2025, the Modi Government acknowledged the unparalleled success of the Karnataka model –
•Karnataka has the highest per capita net state domestic product (NSDP) in the country.
• At Rs 2,04,605, Karnataka’s NSDP… pic.twitter.com/1wvFbqLbxq
— Jairam Ramesh (@Jairam_Ramesh) July 24, 2025
On Wednesday, 23 July, Chief Minister Siddaramaiah sharing the news, said the achievement was also an impact of the state government’s welfare schemes.
He wrote on X :”This achievement reflects not only Karnataka’s economic strength but also the impact of our Guarantee Schemes, which have boosted incomes, increased purchasing power, and driven inclusive growth across the state. As Chief Minister, I remain committed to building a Karnataka where growth is inclusive and people-centric.”
Karnataka has recorded the highest per capita income in India!
According to Union Finance Ministry data, Karnataka’s per capita NSDP stands at ₹2,04,605 for FY 2023–24 — the highest in the country.
This achievement reflects not only Karnataka’s economic strength but also the… pic.twitter.com/8V1HzxIskW
— Siddaramaiah (@siddaramaiah) July 23, 2025
Per capita NSDP (at constant prices) for key South Indian states and Puducherry in 2024–25:
In terms of growth over the last decade (from 2014–15 to 2024–25):
