Economy, asked by SRISAI1868, 1 year ago

What are the trends of national income in india?

Answers

Answered by smartyprince
4
National income is not a leading indicator, it is a lagging one. So trends in it seldom come into decision spaces. Rents, wagesand corporate profit disbursement which constitute national income along with interest on savings, which are all lagging data to others like investment growth, civilian labor force growth and so on, these trends can give the right information before the national income data starts coming in. So the trend in national income now in India, Ifeel not be of any worry as it will be like it was previous years as the economy is in stable state with no internal or external events visible for it to create a unique change.
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