Central Bank of Nigeria Library

Papers on national income and allied topics /

Papers on national income and allied topics / - New York : Asia Pub. House , c[1960-] - xiv, 115 p. :ill,

Work on the national income of India goes back to the pre-World War I period.The twenty-five papers it contains are the results of a preliminary session on Indian national income. Some rough estimates were made around the turn of the century, but the pioneering study in this field, The National Income of British India, was authorized by V. K. R. V. Rao. The special problems in the study of national income in a country like India result from the absence of adequate markets and prices in many fields of economic activity; the great importance of agriculture, much of which is subsistence farming, carried on largely by illiterate peasants; the absence of adequate accounting procedures in so-called "unorganized" industry and services (i.e., small craftsmen's and traders' shops); and the wide divergence in prices, costs, and other economic data in a country displaying such profound social and geographic differences as India.


National income
Economic growth
Economic development


India

HC440.I5 / P3

339.354 / PAP