Estimation of the activities of the informal sector in an economy poses a serious problem for obtaining a correct estimate of GDP. This happens to be so because of the fact that informal sector activities are not registered. The literature has tried to solve the problem of estimation of the...

The present study derives an estimate of the contraction of the GDP in India during the lockdown period on the basis of the fall in the components of expenditure of the national income accounts. On the lower side the contraction is estimated to be around Rs. 7211.42 Billion per month at the...