Find Gross Value Added at Factor Cost.
Gross Value Added at Factor Cost
($GV{{A}_{FC}}$) = (Output Sold x Price Per Unit) + Change in Stock - Intermediate Cost + Subsidy = (2000 x 20) +(- 500)-15000 + 3000 = 40000 -15500 + 3000 = Rs 27500 crore
Find Gross Value Added at Factor Cost.
Gross Value Added at Factor Cost
($GV{{A}_{FC}}$) = (Output Sold x Price Per Unit) + Change in Stock - Intermediate Cost + Subsidy = (2000 x 20) +(- 500)-15000 + 3000 = 40000 -15500 + 3000 = Rs 27500 crore