Calculate (a) Net National Disposable Income (NNDI) and (b) Personal income from the following data:
|
(र in crores) |
||
|
(i) |
Net indirect taxes |
90 |
|
(ii) |
Compensation of employees |
400 |
|
(iii) |
Personal taxes |
100 |
|
(iv) |
Operating surplus |
200 |
|
(v) |
Corporation profit tax |
80 |
|
(vi) |
Mixed income of self employed |
500 |
|
(vii) |
National debt interest |
70 |
|
(viii) |
Savings of non-departmental enterprises |
40 |
|
(ix) |
Current transfers from government |
60 |
|
(x) |
Income from property and entrepreneurship to govt. administrative departments |
30 |
|
(xi) |
Net current transfers to ROW |
20 |
|
(xii) |
Net income from abroad |
- 50 |
(a) Domestic Income = (ii) + (iv) + (vi)
= 400 + 200 + 500
= 1100 crores
National income (NNP at FC) = 1100 + (- 50)
= 1050 crores
NNDI = National income + Net indirect taxes + Net current transfers from abroad
= 1050 + 90 + (- 20) = 1120 crores
(b) Private income = National income - (viii) - (x) + All transfer income
= 1050 - 40 - 30 + (70 + 60 - 20) = 300 = 1090 crores
