Calculate Net Value Added at Factor Cost (NVA at FC) from the following data Value of Output ₹ 800
Calculate Net Value Added at Factor Cost (NVA at FC) from the following data:
| Particulars | ₹ in Crores |
| (i) Value of Output | 800 |
| (ii) Intermediate Consumptino | 200 |
| (iii) Indirect Taxes | 30 |
| (iv) Depreciation | 20 |
| (v) Subsidies | 50 |
| (vi) Purchase of Machinery | 50 |
Ans: Net Value Added at Factor Cost = ₹ 600 Crores
Anurag Pathak Changed status to publish November 11, 2023
Solution:-
Gross Value added at MP = Value of Output – Intermediate Consumption
Gross Value added at MP = ₹ 800 – ₹ 200
Gross Value added at MP = ₹ 600
Net Value added at Factor Cost = Gross Value added at MP – Depreciation – Net indirect taxes (Indirect taxes – Subsidies)
Net Value added at Factor Cost = ₹ 600 – ₹ 20 – (₹ 30 – ₹ 50)
Net Value added at Factor Cost = ₹ 600 Crores
Anurag Pathak Changed status to publish November 11, 2023