Calculate Subsidies GDP at FC ₹ 55,000 Indirect Taxes ₹ 4,400
Calculate Subsidies
| Particulars | ₹ in Crores |
| (i) GDP at FC | 55,000 |
| (ii) Indirect Taxes | 4,400 |
| (iii) Net Factor income from abroad | 700 |
| (iv) NNP at MP | 55,500 |
| (v) Depreciation | 2,500 |
Ans: Subsidies = ₹ 2,100 Crores
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
NNP at FC = GDP at FC – Depreciation + Net Factor income from abroad
NNP at FC = ₹ 55,000 – ₹ 2,500 + ₹ 700
NNP at FC = ₹ 53,200 Crores
NNP at MP = NNP at FC + (Indirect Taxes – Subsidies)
₹ 55,500 = ₹ 53,200 + (₹ 4,400 – Subsidies)
Subsidies = ₹ 53,200 + ₹ 4,400 – ₹ 55,500
Subsidies = ₹ 2,100 Crores
Anurag Pathak Changed status to publish November 12, 2023
