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|National Income - Estimates of National Income|
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Estimates of National Income in India
He, in his book ‘Poverty and Un-British Rule in India’, estimated Indian per capita annual income at a level of Rs.20. Some other economists followed it and gave various estimates of Indian national income.
According to this report, the total national income of the country was estimated at a level of Rs.8,650 crore and per capita income at a level of Rs.246.90. The final report appeared in 1954 gave estimates of national income during the period 1950-1954. For further estimation of national income, the government established Central Statistical Organization (CSO) which now regularly publishes income national data.