(Rs.Crore) | |
(i) Net Current transfers to the rest of the world | (-5) |
(ii) Private final consumption expenditure | 500 |
(iii) Consumption of fixed capital | 20 |
(iv) Net factor income to abroad | (-)10 |
(v) Government final consumption expenditure | 200 |
(vi) Net indirect tax | 100 |
(vii) Net domestic fixed capital formation | 120 |
(viii) Net imports | 30 |
(ix) Change in stocks | (-) 20 |
Calculation of National Income:
NNPFC is defined as the measure of the factor earning of the resident of a country, both from economic territory and abroad. Therefore, NNPFC is equal to national income of country.
NNPFC = Private Final Consumption Expenditure + Government Final Consumption Expenditure + (Net Domestic Fixed Capital Formation + Change in Stock) - Net Imports - Net Indirect Taxes - Net Factor Income to Abroad - Consumption of Fixed Capital
= 500 + 200 + 120 + (-20) - 30 - 100 - (-10) -20
= Rs 660 crore
Calculation of Gross National Disposable Income:
GNDI = NNPFC + Consumption of Fixed Capital + Net Indirect Taxes - Net Current transfers to Rest of the World
= 660 + 20 + 100 - (-5)
= Rs 785 crore