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Inter Regional Variations in India. Kamal singh Lecturer in Economics GCCBA-42 ,Chandigarh Email:kamalsingh84@gmail.com. National Income.
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Inter Regional Variations in India Kamalsingh Lecturer in Economics GCCBA-42 ,Chandigarh Email:kamalsingh84@gmail.com
National Income • The total net value of all goods and services produced within a nation over a specified period of time, representing the sum of wages, profits, rents, interest, and pension payments to residents of the nation.
Trends for Interstate Variation in National Income and GDP There is vast variation amongst the Indian states w.r.t per capita income and their contribution to national income. 4. CONTRIBUTION OF STATES IN INDIA’S NDP
Causes for Inter Regional variations • Historical Factors • Geographical factors • Location Advantages • Failure of economic planning • Marginal effect of Green revolution • Political instability