Murky Light on Wealth

Murky Light on Wealth Sudhakar Adve INDIA can boast of an impressive array of quantitative data on national and sectoral incomes, capital formation and capital stock, the sheer methodological elegance of which even many advanced countries might envy. The high level of methodological sophistication exhibited by the estimates of tangible wealth in India, published in the October 1972 issue of the Reserve Bank's Bulletin, is a case in point. There have been many attempts in the past to quantify the total tangible wealth