Calculate national income from the following data
Dear Student
NNPFC = Private Final Consumption Expenditure + Government Final Consumption Expenditure - Net Imports + Gross Domestic Capital Formation - Consumption of fixed capital - NIT + NFIA
NNPFC = 900 + 400 - 30 + 250 -20 - 100 + (-40)
NNPFC = 1360 Cr.
Change is stock will not be considered as is already considered to be the part of gross domestic capital formation.
NNPFC = Private Final Consumption Expenditure + Government Final Consumption Expenditure - Net Imports + Gross Domestic Capital Formation - Consumption of fixed capital - NIT + NFIA
NNPFC = 900 + 400 - 30 + 250 -20 - 100 + (-40)
NNPFC = 1360 Cr.
Change is stock will not be considered as is already considered to be the part of gross domestic capital formation.