Question

From the following data calculate Net Value Added   at Factor Cost :

	(Items)	(Rs. in crore)
i	Net Factor Income from Abroad	30
ii	Sales	3,500
iii	Purchase of Intermediate Goods	2,000
iv	Consumption of Fixed Capital	500
v	Exports	400
vi	Indirect Taxes	350
vii	Change in Stock	50

Answer 1

Here,

Net Value Added at Factor Cost (NVA_FC) = Sales + Change in Stock - Consumption of Fixed Capital - Indirect Taxes

= (3,500 + 50 - 2,000 - 500 - 350) crore

= (3,550 - 2850) crore 

= Rs.700 crore