Calculate "Net Value Added at Factor Cost" From the following data :(

1.	Calculate "Net Value Added at Factor Cost" From the following data :(Items)(Rs.in lakh)(i) Intermediateconsumption300(ii) Change in stock50(iii) Net indirect tares70(iv) Sales500(v) Consumption of fixed capital20(vi) Imports40
Answer» NVA_FC = (iv) + (ii) - (i) - (iii) - (v) or = Sales f Change in stock - Intermediate consumption - Net direct taxes - Consumption of fixed capital = 500 + 50 - 300 - 70 - 20 = 550 - 390 NVA_FC = Rs. 160 lakh.

Calculate "Net Value Added at Factor Cost" From the following data :(Items)(Rs.in lakh)(i) Intermediateconsumption300(ii) Change in stock50(iii) Net indirect tares70(iv) Sales500(v) Consumption of fixed capital20(vi) Imports40

Answer»

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

= Sales f Change in stock - Intermediate consumption - Net direct taxes - Consumption of fixed capital

= 500 + 50 - 300 - 70 - 20

= 550 - 390

NVA_FC = Rs. 160 lakh.