Question

First attempt to calculate national income of india was made by

Answer 1

The first attempt to calculate National Income of India was made by Dadabhai Naoroji in 1876

Answer 2

The main endeavor to figure National Income of India was made by Dadabhai Naoroji in 1876. He assessed national salary by first evaluating the estimation of horticultural generation and after that including a specific rate as non-agrarian creation. This was anyway a non logical technique.  

The main individual to receive a logical technique in evaluating national salary was Dr.V.K.R.V.Rao In 1931. He separated the Indian economy into two sections  

• Agricultural segment which included farming, timberlands, angling and chasing.  

•  Corporate segment which included ventures, development, business, transport and open administrations.  

He utilized Product strategy to compute national salary in the agrarian segment and pay technique to ascertain national pay in the corporate division. At long last overall gain earned from abroad was added to acquire national salary.