Is growing vegetables in a kitchen garden of the house included/excluded in National Income?
Is growing vegetables in a kitchen garden of the house included/excluded in National Income?
Anurag Pathak Changed status to publish December 8, 2023
No,
Growing vegetables in a kitchen garden of the house will not be included in the national income as it is difficult to estimate the value of production (it is a non-market transaction).
Explanation:-
It is a leisure time activity and it is not possible to ascertain the market value of vegetables grown in the garden of the house due to the non-availability of the date.
Thus, such production can not be included in the National Income.
Anurag Pathak Changed status to publish December 8, 2023
