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Question
Calculate GDPmp and NNPfc by Value Added method from the following data.
| PARTICULARS | (₹crores) | |
| (i) | Net value added at factor cost in the Primary sector | 6000 |
| (ii) | Net value added at factor cost in the Secondary sector | 4000 |
| (iii) | Net value added at factor cost in the Tertiary sector | 4500 |
| (iv) | Net Factor Income from Abroad | (-) 50 |
| (v) | Net Indirect taxes | 150 |
| (vi) | Intermediate consumption | 2500 |
| (vii) | Depreciation | 500 |
Solution
GDPmp and NNPfc Value-added method.
NDPFc = Net value added at factor cost in Primary sector + Net value added at factor cost in the Secondary sector + Net value added at factor cost in the Tertiary sector.
= 6000 + 4000 + 4500 = ₹14500 crores
GDPmp = NDPfc+ Depreciation + Net Indirect taxes
= 14500 + 500 + 150 = ₹15150 crores
NNPfc = NDPfc+ NFIA ...(Net Factor Income from Abroad)
= 14500 + (- 50) = ₹14450 crores
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