1 thought on “Calculating National Income is a big challenge in India. Substantiate the statement.”
Answer:
Steps of calculating national income through product method:
Steps of calculating national income through product method:1 classification of various sector :
Steps of calculating national income through product method:1 classification of various sector :al primary sector.
Steps of calculating national income through product method:1 classification of various sector :al primary sector.b)Secondary sector.
Steps of calculating national income through product method:1 classification of various sector :al primary sector.b)Secondary sector.c)tertiary sector.
Steps of calculating national income through product method:1 classification of various sector :al primary sector.b)Secondary sector.c)tertiary sector.Estimation of Gross value added or GDP:
Steps of calculating national income through product method:1 classification of various sector :al primary sector.b)Secondary sector.c)tertiary sector.Estimation of Gross value added or GDP:GVA-value of output-intermediate consumption
Steps of calculating national income through product method:1 classification of various sector :al primary sector.b)Secondary sector.c)tertiary sector.Estimation of Gross value added or GDP:GVA-value of output-intermediate consumptionvalue of output = sales + change in stock] -intermediate
Steps of calculating national income through product method:1 classification of various sector :al primary sector.b)Secondary sector.c)tertiary sector.Estimation of Gross value added or GDP:GVA-value of output-intermediate consumptionvalue of output = sales + change in stock] -intermediateconsumption
Steps of calculating national income through product method:1 classification of various sector :al primary sector.b)Secondary sector.c)tertiary sector.Estimation of Gross value added or GDP:GVA-value of output-intermediate consumptionvalue of output = sales + change in stock] -intermediateconsumption3 Estimation of national income
Steps of calculating national income through product method:1 classification of various sector :al primary sector.b)Secondary sector.c)tertiary sector.Estimation of Gross value added or GDP:GVA-value of output-intermediate consumptionvalue of output = sales + change in stock] -intermediateconsumption3 Estimation of national income(1+2+3)-Depreciation-NIT+NFIA-NNPFC
Answer:
Steps of calculating national income through product method:
Steps of calculating national income through product method:1 classification of various sector :
Steps of calculating national income through product method:1 classification of various sector :al primary sector.
Steps of calculating national income through product method:1 classification of various sector :al primary sector.b)Secondary sector.
Steps of calculating national income through product method:1 classification of various sector :al primary sector.b)Secondary sector.c)tertiary sector.
Steps of calculating national income through product method:1 classification of various sector :al primary sector.b)Secondary sector.c)tertiary sector.Estimation of Gross value added or GDP:
Steps of calculating national income through product method:1 classification of various sector :al primary sector.b)Secondary sector.c)tertiary sector.Estimation of Gross value added or GDP:GVA-value of output-intermediate consumption
Steps of calculating national income through product method:1 classification of various sector :al primary sector.b)Secondary sector.c)tertiary sector.Estimation of Gross value added or GDP:GVA-value of output-intermediate consumptionvalue of output = sales + change in stock] -intermediate
Steps of calculating national income through product method:1 classification of various sector :al primary sector.b)Secondary sector.c)tertiary sector.Estimation of Gross value added or GDP:GVA-value of output-intermediate consumptionvalue of output = sales + change in stock] -intermediateconsumption
Steps of calculating national income through product method:1 classification of various sector :al primary sector.b)Secondary sector.c)tertiary sector.Estimation of Gross value added or GDP:GVA-value of output-intermediate consumptionvalue of output = sales + change in stock] -intermediateconsumption3 Estimation of national income
Steps of calculating national income through product method:1 classification of various sector :al primary sector.b)Secondary sector.c)tertiary sector.Estimation of Gross value added or GDP:GVA-value of output-intermediate consumptionvalue of output = sales + change in stock] -intermediateconsumption3 Estimation of national income(1+2+3)-Depreciation-NIT+NFIA-NNPFC