📍ESTIMATION OF NATIONAL INCOME IN INDIA
🔸In 1868, Dadabhai Naoroji wrote a book ‘Poverty and Un British Rule in India’. It was the first attempt at the calculation of National Income.
🔸The first person to estimate National Income scientifically was Dr V. K. R. V. Rao who estimated national income for the period 1925-29.
🔸After Independence National Income committee was formed in 1949 under the chairmanship of P.C. Mahalanobis.
🔸After some years Central Statistical Organisation (CSO) was formed.
🔸In 1868, Dadabhai Naoroji wrote a book ‘Poverty and Un British Rule in India’. It was the first attempt at the calculation of National Income.
🔸The first person to estimate National Income scientifically was Dr V. K. R. V. Rao who estimated national income for the period 1925-29.
🔸After Independence National Income committee was formed in 1949 under the chairmanship of P.C. Mahalanobis.
🔸After some years Central Statistical Organisation (CSO) was formed.