{"id":71319,"date":"2020-12-01T11:17:27","date_gmt":"2020-12-01T05:47:27","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=71319"},"modified":"2020-12-01T11:17:27","modified_gmt":"2020-12-01T05:47:27","slug":"national-income-net-national-income-at-factor-cost","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/national-income-net-national-income-at-factor-cost\/","title":{"rendered":"National Income (Net National Income at Factor Cost)"},"content":{"rendered":"<p><b><span data-contrast=\"none\">National Income<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">The Net National Product at factor cost is known as National Income (as mentioned in the class XI NCERT)<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">NNP (@Factor Cost)\u00a0<\/span><span data-contrast=\"none\">= National Income\u00a0<\/span><span data-contrast=\"none\">= NNP (@Market Price) \u2013 Taxes + Subsidies<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Note:<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">\u00a0However, the Central Statistics Office (CSO) under the Ministry of Statistics and Program Implementation defines National Income of India as Net National Income at Market Price<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>National Income\u00a0 The Net National Product at factor cost is known as National Income (as mentioned in the class XI NCERT)\u00a0 NNP (@Factor Cost)\u00a0= National Income\u00a0= NNP (@Market Price) \u2013 Taxes + Subsidies\u00a0 Note:\u00a0 \u00a0However, the Central Statistics Office (CSO) under the Ministry of Statistics and Program Implementation defines National Income of India as Net&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/national-income-net-national-income-at-factor-cost\/\">Continue reading <span class=\"screen-reader-text\">National Income (Net National Income at Factor Cost)<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[9],"tags":[],"class_list":["post-71319","post","type-post","status-publish","format-standard","hentry","category-public","entry"],"jetpack_featured_media_url":"","views":{"total":189,"cached_at":""},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/71319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=71319"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/71319\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=71319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=71319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=71319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}