New Delhi, March 1 -- India's per capita GDP at current prices is estimated to reach Rs 2.35 lakh in the financial year 2024-25 (FY25), driven by better policy-making and improved distribution of benefits through the Direct Benefit Transfer (DBT) system, according to a report by the State Bank of India (SBI).

The report also highlighted that the per capita GDP has increased by more than Rs 40,000 over the last two financial years.

It said "Interestingly, in the last two fiscals, the per capita GDP has jumped by more than Rs 40,000 at current prices".

The report noted that private consumption has been a key driver of economic growth, particularly in areas such as healthcare, education, and hotel services.

As a result, per capita privat...