Question

Find out Net Value Added at Factor Cost:

	(Items)	(Rs.in crore)
(i)	Price per unit of output	25
(ii)	Output sold (units)	1000
(iii)	Excise Duty	5000
(iv)	Depreciation	1000
(v)	Change in Stocks	(-) 500
(vi)	Intermediate Costs	7000

Answer 1

NVA_FC = (i x ii) + (v) - (vi) - (iv) - (iii) 

= [Output x Price Per Unit] + [Change in Stock] - [Intermediate Cost] - [Depreciation] + [Excise Duty] 

= [1,000 x 25] + [- 500] - [7,000] - [1,000] - [5,000] 

NVA_FC = 25,000 - 500 - 7,000 - 1,000 - 5,000

= Rs.11500 crore