Calculate “Intermediate Consumption” from the following data Gross Value of Output ₹ 300
Calculate “Intermediate Consumption” from the following data:
Particulars | ₹ in Crores |
(i) Gross Value of Output | 300 |
(ii) Net Value added at factor cost (NVA at FC) | 100 |
(iii) Subsidies | 15 |
(iv) Depreciation | 30 |
Ans – ₹ 185 Crores
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
Gross Value Added at MP = Net Value added at Factor Cost + Depreciation + Net Indirect taxes (Indirect tax – Subsidies)
Gross Value Added at MP = ₹ 100 + ₹ 30 + (₹ 0 – ₹ 15)
Gross Value Added at MP = ₹ 115
Gross Value Added at MP = Gross Value of Output – Intermediate Consumption
₹ 115 = ₹ 300 – Intermediate Consumption
Intermediate Consumption = ₹ 300 – ₹ 115
Intermediate Consumption = ₹ 185 Crores
Anurag Pathak Changed status to publish November 11, 2023