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Limitations of national income as an indicator.

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limitations in estimating the national income of India. are :

1)  Lack of reliable statistical data creates difficulty in estimating national income.

2) There is a chance of calculating the money value of goods and services more than once (double counting)

3) Services of housewives is not included in national income.

4) Ignorance and illiteracy of the people create problems in collecting statistical data.

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