Question

Calculate Net Value Added at Market Price.

(Items)	(Rs. in crore)
(i) Intermediate consumption	1,000
(ii) Consumption of fixed capital	50
(iii) Net indirect taxes	150
(iv) Sales	2,000
(v) Exports	200
(vi) Net factor income to abroad	100
(vii) Change in stock	(-) 50

Answer 1

NVA_MP = (iv) + (vii) - (i) - (ii)

= 2,000 + (-50) - 1,000 - 50

= Rs. 900 crore