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State Domestic Product
State Domestic Product, or SDP, is the total value of goods and services produced during any financial year within the geographical boundaries of a ''state''. Also called the ''state income'', SDP is always calculated or estimated in monetary terms, and is instrumental in the evaluation of per capita income. ''State'' here refers to a country subdivision, as in the states of the United States and the states of India. While GDP gives a good estimate of the entire nation's output, SDP provides more detailed economic details about subnational territories. See also *Gross State Product Gross regional domestic product (GRDP), gross domestic product of region (GDPR), or gross state product (GSP) is a statistic that measures the size of a region's economy. It is the aggregate of gross value added (GVA) of all resident producer uni ... Gross state product State government finances in India {{India-econ-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally not the reporting period to align with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes, such as income tax. Many annual government fees—such as council tax and license fees, are also levied on a fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems, end their fiscal year on the same day of the week each year: the day tha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Per Capita Income
Per capita income (PCI) or total income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population. Per capita income is national income divided by population size. Per capita income is often used to measure a sector's average income and compare the wealth of different populations. Per capita income is also often used to measure a country's standard of living. It is usually expressed in terms of a commonly used international currency such as the euro or United States dollar, and is useful because it is widely known, is easily calculable from readily available gross domestic product (GDP) and population estimates, and produces a useful statistic for comparison of wealth between sovereign territories. This helps to ascertain a country's development status. It is one of the three measures for calculating the Human Development Index of a country. Per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Country Subdivision
Administrative division, administrative unit,Article 3(1). country subdivision, administrative region, subnational entity, constituent state, as well as many similar terms, are generic names for geographical areas into which a particular, independent sovereign state (country) is divided. Such a unit usually has an administrative authority with the power to take administrative or policy decisions for its area. Usually, the countries have several levels of administrative divisions. The common names for the principal (largest) administrative divisions are: states (i.e. "subnational states", rather than sovereign states), provinces, lands, oblasts, governorates, cantons, prefectures, counties, regions, departments, and emirates. These, in turn, are often subdivided into smaller administrative units known by names such as circuits, counties, ''comarcas'', raions, '' județe'', or districts, which are further subdivided into the municipalities, communes or communities constitu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
States And Union Territories Of India
India is a federal union comprising 28 states and 8 union territories, with a total of 36 entities. The states and union territories are further subdivided into districts and smaller administrative divisions. History Pre-independence The Indian subcontinent has been ruled by many different ethnic groups throughout its history, each instituting their own policies of administrative division in the region. The British Raj mostly retained the administrative structure of the preceding Mughal Empire. India was divided into provinces (also called Presidencies), directly governed by the British, and princely states, which were nominally controlled by a local prince or raja loyal to the British Empire, which held ''de facto'' sovereignty ( suzerainty) over the princely states. 1947–1950 Between 1947 and 1950 the territories of the princely states were politically integrated into the Indian union. Most were merged into existing provinces; others were organised into ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross Domestic Product
Gross domestic product (GDP) is a money, monetary Measurement in economics, measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator. List of countries by GDP (nominal) per capita, GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation, inflation rates of the countries; therefore, using a basis of List of countries by GDP (PPP) per capita, GDP per capita at purchasing power parity (PPP) may be more useful when comparing standard of living, living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the GDP per capita, p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross State Product
Gross regional domestic product (GRDP), gross domestic product of region (GDPR), or gross state product (GSP) is a statistic that measures the size of a region's economy. It is the aggregate of gross value added (GVA) of all resident producer units in the region, and analogous to national gross domestic product. The GRDP includes regional estimates on the three major sectors including their sub-sectors, namely: * Raw material sector: Agriculture, animal husbandry, fishery, and forestry. * Industry sector: Construction, electricity, manufacturing, mining, quarrying, and water. * Service sector: Communication, finance, private government services, property management, real estate sales, storage, trade, and transport. "The GRDP is usually presented in nominal and real terms. Nominal GRDP measures the value of the outputs of the economy at current prices. Real GRDP referred to as GRDP at constant prices, measures the value of an economy's output using the prices of a fixed base y ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross State Product
Gross regional domestic product (GRDP), gross domestic product of region (GDPR), or gross state product (GSP) is a statistic that measures the size of a region's economy. It is the aggregate of gross value added (GVA) of all resident producer units in the region, and analogous to national gross domestic product. The GRDP includes regional estimates on the three major sectors including their sub-sectors, namely: * Raw material sector: Agriculture, animal husbandry, fishery, and forestry. * Industry sector: Construction, electricity, manufacturing, mining, quarrying, and water. * Service sector: Communication, finance, private government services, property management, real estate sales, storage, trade, and transport. "The GRDP is usually presented in nominal and real terms. Nominal GRDP measures the value of the outputs of the economy at current prices. Real GRDP referred to as GRDP at constant prices, measures the value of an economy's output using the prices of a fixed base y ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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