What is national income? Discuss the methods of estimating national income in india. What are the special problems of national income in india? What improvement have been made in them in recent year of past?
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According to the first report, the National Income of India for 1948-49 was Rs. 8,710 crore and the per capita income was Rs. 225. Since 1955 the national income estimates are being prepared by Central Statistical Organisation. Primary sector comprising agriculture, forestry, fishing, mining and quarrying.
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