Question
What is the per capita Net Value Added (NVA) for the
rural areas in the year 2011-12 as per the data compiled by the Government of the rural income?Solution
Government compiles estimates of rural and urban income, in terms of Per Capita Net Value Added (NVA), only in the base year of the Gross Domestic Product (GDP) series, which is currently 2011-12. The per capita NVA for rural and urban area was Rs.40,925 and Rs.98,435 respectively in the year 2011-12.
According to the latest data released by the Reserve Bank of India, the gross foreign direct investment (FDI) flows witnessed a decline of nearly 16 per...
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