ForumIAS LATEST
- 15 Sept. | Current Affairs Pre-cum-Mains 2027 Morning 11 AM batch starts from 15th Sept. Click Here to Read More →
- 14 Sept. | Forum Residential Coaching (FRC) for UPSC preparation Click Here to know more →
- 14 Sept. | GS Advance Program (GSAP) for UPSC 2027 Mains starts from 14th Sept. Click Here to Read More →
This method is also called as Output Method or Value Added Method
In this model economy is divided into different industrial sector such as agriculture, fishing, mining, construction, manufacturing, trade and commerce, transport and communication etc. Then, the net value added by each productive enterprises as well as by each industry or sector is estimated.
Net value added by all sector or industries gives Net Domestic Product(NDP). By adding depreciation into it GDP is got
