Is Compensation paid by the Government of India to the victims of floods included/excluded in National Income.
Compensation paid by the Government of India to the victims of floods is included/excluded in National Income.
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No,
Compensation paid by the government of India to the victims of floods 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
