analyse the growth of national income in india
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National income has risen from Rs 5,66,931 crore in 1980- 81 to Rs 27,60,325 crore in 2007-08. Between 1950-51 and 2007-08, the Indian economy registered rate of growth of 4.8 p.c. per annum. However, in the 1980s and 1990s, we have been able to grow at the rate of about 6 p.c. It is a welcome development
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Explanation:
National income has risen from Rs 5,66,931 crore in 1980- 81 to Rs 27,60,325 crore in 2007-08. Between 1950-51 and 2007-08, the Indian economy registered rate of growth of 4.8 p.c. per annum. However, in the 1980s and 1990s, we have been able to grow at the rate of about 6 p.c. It is a welcome development
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