Question

Find Gross Value Added at Factor Cost:

	(Items)	(Rs.in crore)
(i)	Units of Output Sold	2000
(ii)	Price per unit of output	20
(iii)	Depreciation	2000
(iv)	Change in Stock	(-) 500
(v)	lntemediate Cost	15000
(vi)	Subsidy	3000

Answer 1

CVA_Fc = (ii x i) + (iv) - (v) + (vi) 

= [Units of Output x Price Per Unit] ] + Change in Stock - [Intermediate Cost] + Subsidy l

= [2,000 x 20] + [- 500] - [15,000] + [3,000] 

= [40,000- 500 15,000 + 3,000] 

= [43,000] - [15,500] 

CVA_Fc = Rs. 27,500 crore.