India’s Net National Product at Factor Cost

The following graphics shows the NNP of our country for last few years.

Net Domestic Product at Factor Cost NDP_FC
The estimation of the net value added at the factor cost in the domestic territory of the country for an accounting period is called the Net Domestic product at factor cost or NDP_FC
NDP_FC = NNP_FC – NFIA
The Calculation can be done as follows:
GNP_FC =GNP_MP – (Indirect taxes –Subsidies)
NNP_FC = GNP_FC – Depreciation
NDP_FC = NNP_FC -NFIA

List of Topics : Economic Survey 2010-11