Calculate gross value added at factor cost Domestic Sales ₹ 3,000 Change in Stock ₹ (-) 100
Calculate gross value added at factor cost.
| Particulars | ₹ in crores |
| (i) Domestic Sales | 3,000 |
| (ii) Change in Stock | (-) 100 |
| (iii) Depreciation | 300 |
| (iv) Intermediate Consumption | 2,000 |
| (v) Exports | 500 |
| (vi) Indirect taxes | 250 |
| (vii) Net Factor income from abroad | (-) 50 |
Ans:-
Gross Value Added at Factor Cost = ₹ 1,150 Crore
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
Calculation of Gross Value added at factor Cost:
Sales = Domestic Sales + Exports
Sales = ₹ 3,000 + ₹ 500
Sales = ₹ 3,500
Value of Output = Sales + Change in Stock
Value of Output = ₹ 3,500 + (-) 100
Value of Output = ₹ 3,400
Gross Value added at MP = Value of Output – Intermediate Consumption
Gross Value added at MP = ₹ 3,400 – ₹ 2,000
Gross Value added at MP = ₹ 1,400
Gross Value added at Factor Cost = Gross Value added at MP – Net Indirect Taxes
Gross Value added at Factor Cost = ₹ 1,400 – ₹ 250
Gross Value added at Factor Cost = ₹ 1,150 Crore
Anurag Pathak Changed status to publish November 7, 2023
