IDEA OF NATIONAL INCOME
GDP
GDP Gross Domestic Product (GDP) is the value of the all final goods and services produced within the boundary of a nation during one year. For India, this calendar year IS from 1st April to 31st March .
NDP
Net Domestic Product (NDP) is the GDP calculated after adjusting the weight of the value of 'depreciation'. This is, basically, net form of the GDP, i.e.
GDP
GDP Gross Domestic Product (GDP) is the value of the all final goods and services produced within the boundary of a nation during one year. For India, this calendar year IS from 1st April to 31st March .
NDP
Net Domestic Product (NDP) is the GDP calculated after adjusting the weight of the value of 'depreciation'. This is, basically, net form of the GDP, i.e.
