National
Income GNI NI Gross National Income राष्टीय आय rashtiy aay
National Income is a word which is
very wide in economic environment and also knows as national profit or
national expenditure or national out-put. National Income is the total income
of any economic which is generated in a limited time frame or a financial year.
In an economic, there are mostly three sectors like agri, service or
manufacturing units. These sectors are inter-related with each other so one
sector out-put is the in-put for other one. When we calculate the national
income, we must be careful to calculate the inter-mediate things or final
product of the economic.
 |
| National Income or Gross National Income |
There are three ways to calculate
the National Income:–
Income Method - In this method, we add all the
income which is received by the different working factor which available in the
market because they receive the income against a work done by them.
Total Product or Out-put Method – In this method, we add all the
out-put which is done by the economic in a limited time frame or a financial
year. For example – building, machine, capital goods or non capital goods etc.
Value Added Method – this is the last method and have
a unique importance in the calculation of national income because in this
method, we only add all the value which is done by the different – 2 industry. So in this method, we separate the intermediate
things or final product of economic. This method give a real data of
national income of any country and most of the country us this method.
In this method, firstly we add the
value added of industry and also add the net income which is received by the
abroad or total excess of export over import or a net income from abroad. In this
method, we also able to analysis the different – 2 sector and also compare form
previous one out-put.
