Concept of Economic Territory

March 11, 2016

For the purpose of economic calculations such as GDP, GNP, GVA etc. the concept of economic territory is used in place of political or geographical territory. The Economic territory of India includes the following: Political / geographical boundaries of India including territorial waters and air space within...

Indian Agriculture: Current Share in GDP and GCF

September 19, 2015

The share of agriculture in GDP of India Agriculture and Allied Sector contributed approximately 13.9% of India’s GDP (at constant 2004-05 prices) during 2013-14. However, when CSO released the new GDP numbers in early 2015, the share of these sectors went up to 18% at 2011-12 prices;...