Working Capital Management Case Study
GNP, NNP OF INDIA (BOTH AT MARKET PRICE AND FACTOR COST) AND CORRESPONDING DEPRICIATION (1950-2012)
NAMITA VIJAY SHANKAR
T. SRIKANTH GOUD
WHAT IS GNP ?
GNP (Gross National Product) is an economic statistic that includes GDP, plus any income earned by residents from overseas investments, minus income earned within the domestic economy by overseas residents.
It is a measure of a country's economic performance, or what its citizens produced (i.e. goods and services) and whether they produced these items within its borders.
WHAT IS NNP ?
NNP (Net National Product) is the monetary value of finished goods and services produced by a country's citizens, whether …show more content…
The British had left the Indian economy crippled and the fathers of development formulated 5 years plan to develop the Indian economy. The five years plan in India is framed, executed and monitored by the Planning Commission of India. Currently, India is in its 11th five year plan. Let's see the journey of five year's plan in India and the objectives in each plan.
Objectives of all the