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The growth accounting procedure proceeds as follows. First is calculated the growth rates for the output and the inputs by dividing the Period 2 numbers with the Period 1 numbers. Then the weights of inputs are computed as input shares of the total input (Period 1). Weighted growth rates (WG) are obtained by weighting growth rates with the weights.
Uttar Pradesh is a major contributor to the national food grain stock. In FY 2020–21, the state produced 5.81 crores (58.10 million) tonnes of food grain, 18.68% of the country's total production.
A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product (GDP), Gross national income (GNI), net national income (NNI), and adjusted national income (NNI adjusted for natural resource depletion – also called as NNI at factor cost).
The economic growth rate is typically calculated as real Gross domestic product (GDP) growth rate, real GDP per capita growth rate or GNI per capita growth. The "rate" of economic growth refers to the geometric annual rate of growth in GDP or GDP per capita between the first and the last year over a period of time. This growth rate represents ...
The State posted a record growth of 7.02% at Constant Prices (2011–12) against the country’s growth of 7%. [2] [14] In 2014–15, the state ranked eighth in GSDP at current prices, which stood at ₹ 5,200.3 billion (US$60 billion). It recorded 12.03% growth compared to previous fiscal which was ₹ 4,641.84 billion (US$54 billion).
Among livestock raised are buffalo and other cattle, sheep, and goats. As per the results of livestock census 1997, there were 209.70 lakh livestock in Gujarat state. As per the estimates of the survey of major livestock products, during the year 2002–03 the Gujarat produced 6.09 million tonnes of milk, 385 million eggs and 2.71 million kg of ...
The economic contribution of agriculture to India's GDP is steadily declining with the country's broad-based economic growth. Still, agriculture is demographically the broadest economic sector and plays a significant role in the overall socio-economic fabric of India. The total agriculture commodities export was US$3.50 billion in March - June ...
Rice and potato are considered to be the principal food crops. The state is the largest source of the important food crop of rice, a staple diet across India, with an annual output of around 16.76 million tonnes (about 13% of total production in India) in FY 2021–22, and the second-largest producer of potatoes in India with an average annual output of 12 million tonnes (about 20% of total ...