Indian Economy - GDP, GNP, NNP, NI

India - Gross Domestic Product (GDP) and Gross National Income (GNI).

Real GDP or Gross Domestic Product (GDP) at constant (2011-12) prices in the year 2014-15 is estimated at 106.44 lakh crore INR, showing a growth rate of 7.3 percent over the GDP for the year 2013-14 of 99.21 lakh crore.
Nominal GDP or GDP at current prices in the year 2014-15 is estimated at Rs. 125.41 lakh crore, with growth rate of 10.5 percent against Rs. 113.45 lakh crore for 2013-14.
The Gross National Income (GNI) at 2011 -12 prices is estimated at 105.13 lakh crore. At current prices, this figure is 123.84 lakh crore rupees.
In earlier estamates released on 9th February 2015, GDP at constant and current prices was 106.57 and 126.54 lakh crore INR, respectively.

(Sources and Reference: http://statisticstimes.com/)

National Income - (GDP, GNP, NNP, NI)

1. What is Gross Domestic Product (GDP)?

GDP = Domestic Products + Foreign income in India - Indian income in foreign countries

2. What is Gross National Product (GNP)?

GNP = GDP - Foreign income in India + Indian income in foreign countries

3. What is Net National Income (NNP)?

NNP = GNP - Depreciation

4. What is National Income (NI)

NI = NNP - Indirect taxes + Subsidies

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