New Recipe

New Recipe

States to assess GDP through spending method

Table of Content

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

The Future of Gadgets

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been standard dummy text ever since the 1500s,

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.


States to assess GDP through spending method

NEW DELHI: For decades, a state’s growth was measured by relying only on the production approach, or by gauging what factories, farms, and services within its borders produced. That model is now set for an overhaul, as the statistics ministry unveiled a new manual to compute state GDP via expenditure approach — by tracking household spending, govt outlays, capital investments, and net trade.This marks the attempt to track how consumer habits have evolved over time, including explicitly logging modern household costs-ranging from OTT streaming subscriptions and DTH fees to specialised personal care items like face washes, hair serums, and electric grooming tools.



Source link

admin

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Popular

Foods

Finance

Celebrity

©2023. All rights reserved. Designed by BlazeThemes.