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On the basis of the given data, estimate the value of Domestic Income (NDPFC): S.No. Items Amount (₹ in crore) i. Household Consumption Expenditure 800 ii. Gross Business Fixed Capital Formation 150 - Economics

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Question

On the basis of the given data, estimate the value of Domestic Income (NDPFC):

S.No. Items Amount (₹ in crore)
i. Household Consumption Expenditure 800
ii. Gross Business Fixed Capital Formation 150
iii. Gross Residential Construction Investment 120
iv. Government Final Consumption Expenditure 170
v. Excess of Imports over Exports 20
vi. Inventory Investment 140
vii. Gross Public Investment 500
viii. Net Indirect Taxes 70
ix. Net Factor Income From Abroad (-) 50
x. Consumption of Fixed Capital 40
Numerical

Solution

Domestic Income (NDPFC) = i + iv + ii + iii + vii + vi – v – x – viii

= 800 + 170 + 150 + 120 + 500 + 140 – 20 – 40 – 70

= ₹ 1,750 crore

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