National Income Current Affairs, GK & News

National Income

The sum total of value added in all the economic enterprises of a country is National Income. There are a variety of measurements of the National Income. The value added refers to the money value all the final goods and services produced in a country during the period of one Year.The basic concepts in national ..

GDP estimated 5.0 per cent in First Advance Estimates of National Income 2019-20

In accordance with the release calendar of National Accounts, the First Advance Estimates of Gross Domestic Product (GDP) was released by the National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation on Tuesday, 7th January 2020, the corresponding estimates of Expenditure components of GDP was implemented along with the First Advance Estimates ..

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 Manufacturing Sector improves in December 2019

The London based Global information provider, IHS Markit Limited has reported that the Purchasing Managers’ Index (PMI) of the Indian Manufacturing Sector has risen to 52.7 percent in the last month of 2019. According to the IHS Markit Company, India’s PMI in manufacturing sector during the year 2019 was: 51.2 percent in November, 50.6 percent ..

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India to grow at 7.2 per cent in 2018-19: CSO

The Central Statistics Office has released the first advance estimates of National Income for 2018-19. The observations made by CSO are: Indian economy is expected to grow at 7.2 per cent in 2018-19, a tad higher from 6.7 per cent in the 2018-18. Real GVA (Gross Value Added) is expected to grow at 7 per ..

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