This document presents a case study on India's national income from 1975-2010. It summarizes key growth rates during this period, such as 9.5% in 1975-76 and 8.9% in 2010. It defines national income as the value of goods and services produced within a country during a year. National income in India is prepared based on three categories: agriculture and related sectors, electricity and related sectors, and other services. The document also discusses measuring national income at constant prices to analyze physical output over time and limitations of different measurement methods.

1. A CASE STUDY ON NATIONAL INCOME OF INDIA Prsented by: Robin Varghese Section : C

3. 1988-89: 11% Growth

4. 2005-06: 9.0% Growth

5. 2006-07: 9.6% Growth

6. 2007-08: 6.7% Growth

8. Préparation of National Income in India Category A: Agriculture, forestry, fishing, mining and quarrying, registred manufacturing and construction. CategoryB: Electricity, transportation and communication, banking and insurance, real estate, pablic administration and defence. Category C: gas and water supply, unorganised transport, storage, trade, hotels and restaurants, other services.

9. QUESTION AND ANSWERS

10. Significant of preparing national income at constant price Current price: price prevailing in the year. Constant price: price prevailing at a particular base year. NI at constant price is prepared to measure the physical output in an economy, between deferent time periods Deflator: ratio of nominal GDP to real GDP

12. Non applicability in service sector

15. Ignore own consumption

17. GNP GNP = GDP + Net income from Abroad 2004-05: 2855933 + (-22375) = 2833558 2005-06: 3250932 + (-24969) = 3225963 2006-07: 3743472 + (-20803) = 3722669

18. Per capita income PCI= NNPFC / Population 2004-05: 2,50,10,6701,090 = 22,946 2005-06: 2,84,67,620 1,107 = 25,716 2006-07: 3,29,66,390 1,122 = 29,382