Tamil Nadu Board of Secondary EducationSSLC (English Medium) Class 10th
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What is meant by GVA? - Social Science

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Short Note

What is meant by GVA?

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Solution

Gross Value Added is called as GVA. It is the measure of the value of goods and services produced in an area (or) sector of an economy.
GVA = GDP + Subsidies – Taxes.

Concept: Contribution of different sectors in GDP of India
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