The Journal of Income and Wealth
  • Year: 2004
  • Volume: 26
  • Issue: 1&2

Transactions of non profit institutions controlled and financed by the government

  • Author:
  • Savita Sharma, Pravin S. Horo
  • Total Page Count: 18
  • Page Number: 58 to 75

National Accounts Division, Central Statistical Organisation

JEL Classification: E01

Abstract

This paper discusses the ways of analysing the accounts of the non-profit institutions which have gained importance in the national accounts scenario because they hold a lion's share in terms of grants-in-aid received from the government, they have Government Final Consumption Expenditure (Non-Market Output) and they receive transfer payments in terms of welfare donations.