a) Given the following data, find Net Value Added at Factor Cost by Sambhav (a farmer) producing Wheat:
Items | (₹ in crore) | |
i) | Sale of wheat by the farmer in the local market | 6800 |
ii) | Purchase of Tractor | 5000 |
iii) | Procurement of wheat by the Government from the farmer | 200 |
iv) | Consumption of wheat by the farming family during the Year | 50 |
v) | Expenditure on the maintenance of existing capital stock | 100 |
vi) | Subsidy | 20 |
b) State any two components of ‘Net Factor Income from Abroad’.