A key instrument in economics, the value-added technique of measuring national income offers insights into the economic activity and performance of a nation. This chapter emphasizes the importance of the value-added approach in calculating national income while highlighting its uses, benefits, and drawbacks. The value-added technique allows for a thorough evaluation of economic activity since it captures the value contributed at every stage of production. It breaks down the contributions provided by various sectors and industries, allowing policymakers and analysts to comprehend the sect oral structure, recognize important industries, and gauge each one's relative contribution to economic growth.
Economic Activity, Measuring National, National Income, Sectors Industries, Value Added Method.
[Dr. Mounica Vallabhaneni (2022) Measurement of National Income Value Added Method] (ISSN 2347 - 5552). www.ijircst.org
Dr. Mounica Vallabhaneni
Assistant Professor, Department of Commerce And Economics, Presidency University, Bangalore, India,
Email Id-mounicav@presidencyuniversity.in