Financial help received by flood victims is included/excluded in National Income

500 viewsDecember 8, 2023National Income and related aggregates

Anurag Pathak28.56K December 8, 2023 0 Comments

Anurag Pathak Changed status to publish December 8, 2023

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Anurag Pathak28.56K Posted December 8, 2023 0 Comments

No,

Financial help received by flood victims will not be included in the national income as it is a mere transfer payment and does not lead to any flow of goods and services in an economy.

Anurag Pathak Changed status to publish December 8, 2023

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Anurag Pathak

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