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National Domestic Production (NDP) And Net National Production (NNP) (for UPSC CSE)
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This lesson explains the concept of National Domestic Production (NDP) and Net National Production (NNP) and also highlights the concept of depreciation.

Israel Jebasingh
Director of Officers IAS Academy. IAS Officer of 2004 Batch with AIR 59.

U
Unacademy user
congratulations sir
Israel Sir, your teaching technique is beautiful. Such a big personality you are and how simple your presentation. no match Sir. thankyou for making nice lectures.
One of the rarest lecture available on this topic,thanks from the bottom of heart sir.
Thank you very much sir for this amazing videos on economics and advice.
Sir as you said that NNP is the purest form of National Income because it does not include Foreigners....but sir I need to ask that GNP includes GDP and GDP includes the foreigners working in India as it the Goods and services produced within the boundries.....so sir I am getting confused that Does GNP includes Foreigners or not?
Danish Khan
3 years ago
I too have the same question...
Alisha Shaik
3 years ago
While calculating GNP we are subtracting all the production of foreigners in india from GDP and adding that of our nationals residing outside making it completely that of INDIANs(nationals)=GNP. theoretically we are not considering foreigners in our country.
BM
Great to have teachers like you sir
  1. NDP and NNP



  2. TOTAL MONTHLY Ine -R500co PETROL =


  3. SHEMARDO


  4. COST OF AUTO- 6 LAkHS | YEAR SAVING TO REPLALE AuTo 6 YEARS MONTHLY SAVING 1 2


  5. RA 30OOD PRODUCT



  6. NDP .Net Domestic Product is the GDP calculated after adjusting the weight of the value of 'depreciation' -GDP minus the total value of the wear and tear' (depreciation)that happened in the assets while the goods and services were being produced 19


  7. The government of the economies decide and announces the rates by which assets depreciate and a list is published, which is used by the different sections of the economy to determine the real levels of depreciations in different assets .In India, it is done by the Ministry of Commerce and Industry


  8. NDP of an economy has to be always lower than its GDP for the same year, since there is no way to cut the depreciation to Zero NDP is not used to compare the economies of the world This is due to different rates of depreciation which is set by the different economies of the world 21