1.
Trends in National Income
▶ T
o understand the structure and level of any
economy and the change in it over time, it is
essential to know about its net domestic
product.
▶ Net domestic product shows the flow of
goods and services in the economy. Data on
net domestic product presents a complete
picture of different sector of the economy.

2.
▶With its help we can know the growth rate of
economy, relative importance of difference sectors
(agricultural, industrial and service sectors) of the
economy, saving and investment and other
important aspects of the economy.
▶ In India the estimates of national income are
prepared by central statistical organization. Every
years it issue a white paper on national income
estimates (the name white paper has now been
discontinued). Estimates presents by CSO are now
called National accounts statistics.

3.
Years National
income at
current prices
National
income at 204-
05 prices
Per capita
income at
current price
Per capita
income at
2004-05
1950-51 9152 204924 255 5708
1960-61 15593 309045 359 7121
1970-71 40135 437719 742 8091
1980-81 121129 583548 1784 8594
1990-91 456409 967773 5440 11535
2000-01 1700467 1648018 16688 16172
2010-11 6325038 4268715 53331 35993
2011-12 7399935 4572075 61564 38037
(Source: Economic survey, 2010-11)

4.
The real national income of India has increased at an annual average
rate of 4.9 % During last 60 years of economic planning .there are two
distinctive phases of economic growth in India since independence
1950-80
1980-2010
During 1950 -80 , growth in gdp was 3.2% and during 1980-2010 , the
growth in GDP was 6.6 % ( per annum )
Economic growth slowed down in 2008-2009 to 6.7 % due to golbal
financial crisis and consequents economic recession in developed
economies
This was spread across almost all the sector .

5.
Trends in National Income and
per capita income
P l a n National i n c o m e ( % ) p.a. P e r capita i n c o m e ( %) p.a
First plan
S e c o n d plan
Third plan
Fourth plan
Sixth plan
Sixth plan
Sevent h plan
Eight plan
Ninth plan
T ent h plan
Eleventh plan(2007-08)
(2008-09)
(2009-10)
(2010-11)
(2011-12)
Twelfth plan
3.6
4.1
2.5
3.3
5.0
5.4
5.8
6.7
5.5
7.8
9.1
6.7
8.0
8.4
6.2
5.0
1.8
2.0
0.2
1.0
2.7
3.2
3.6
4.6
3.5
6.1
7.6
5.2
6.6
7.1
4.9
3.7
( Sour ce: E c o n o m i c s Sur vey, 2 0 1 0 - 1 1 )