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Given the Following Data, Find the Values of "Gross Domestic Capital Formation" and "Operating Surplus".

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Question

Given the following data, find the values of "Gross Domestic Capital Formation" and "Operating Surplus".

S. No. Particulars

Amount

(₹ in crores)

(i) National Income 22,100
(ii) Wages and Salaries 12,000
(iii) Private Final Consumption Expenditure 7,200
(iv) Net Indirect Taxes 700
(v) Gross Domestic Capital Formation ?
(vi) Depreciation 500
(vii) Government Final Consumption Expenditure 6,100
(viii) Mixed Income of Self-Employed 4,800
(ix) Operating Surplus ?
(x) Net Exports 3,400
(xi) Rent 1,200
(xii)   (-)
  Net Factor Income From Abroad 150
Answer in Brief
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Solution

Given: National Income (NNPFC) = 22,100
GDPMP = NNPFC + Depreciation + NIT - NFIA
GDPMP  = 22,100 + 500 - (- 150)
GDPMP = 23,450
GDPMP = Private Final Consumption Expenditure + Gross Domestic Capital Formation + Government Final Consumption Expenditure + Net Exports
23,450 = 7,200 + Gross Domestic Capital Formation + 6,100 + 3,400 
Gross Domestic Capital Formation = 6,750 crores

NDPFC = NNPFC - NFIA
NDPFC = 22,100 - (- 150)
NDPFC = 22,250
NDPFC = Wages and Salaries + Operating Surplus + Mixed Income of Self Employed
22,250 = 12,000 + Operating Surplus + 4,800
Operating Surplus = ₹5,450 crores

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Gross and Net Domestic Product at Market Price
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2018-2019 (March) 58/2/1
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