Question
From the following data calculate 'net value added at factor cost'.
(र in crore)
(i) Purchase of intermediate goods 500
(ii) Sales 750
(iii) Import of raw material 50
(iv) Depreciation 60
(v) Net indirect taxes 100
(vi) Change in stock (-) 30
(vii) Exports 20
Solution
Net value added at FC = (ii) + (vi) - (i) - (iv) - (v)
= 750 + (-30) - 500 - 60 - 100 = 60 crore.
(Note: Sales include exports and purchase of intermediate goods includes imports.)
