Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | The story behind the big GDP-GVA gap -Pragya Srivastava    </title>
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Yet again, two measures of India&rsquo;s economy&mdash; &lsquo;gross value added&rsquo; and &lsquo;gross domestic product&rsquo;&mdash;have grown at widely different paces. While change in GDP significantly lagged the change in GVA in FY21, the story was opposite in FY22, says data released..."/>
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Yet again, two measures of India&rsquo;s economy&mdash; &lsquo;gross value added&rsquo; and &lsquo;gross domestic product&rsquo;&mdash;have grown at widely different paces. While change in GDP significantly lagged the change in GVA in FY21, the story was opposite in FY22, says data released..." />
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                            <p style="text-align:justify">-Livemint.com</p><p style="text-align:justify">Yet again, two measures of India&rsquo;s economy&mdash; &lsquo;gross value added&rsquo; and &lsquo;gross domestic product&rsquo;&mdash;have grown at widely different paces. While change in GDP significantly lagged the change in GVA in FY21, the story was opposite in FY22, says data released Tuesday. Mint explains:</p><p style="text-align:justify"><em>What is the difference between GVA &amp; GDP?</em></p><p style="text-align:justify">Gross value added (GVA) adds up the value of all goods and services produced in an economy after deducting the input costs, while gross domestic product (GDP) is a measure of the country&rsquo;s national income by adding up the expenditures in the economy. The main difference is that the latter includes net taxes and removes subsidies, which is why the two metrics can differ in years of sharp taxation or subsidy changes. While GDP is the internationally-accepted measure of overall economic growth in the country, GVA provides sector-wise details of economic activity from the production side.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/economy/what-is-the-story-behind-the-big-gdp-gva-gap-11654020957708.html" title="https://www.livemint.com/economy/what-is-the-story-behind-the-big-gdp-gva-gap-11654020957708.html">click here</a> to read more.&nbsp;</p><p style="text-align:justify">Kindly <a href="https://im4change.org/upload/files/Press%20Note_PE%20FY22%20dated%2031%20May%202022.pdf" title="https://im4change.org/upload/files/Press%20Note_PE%20FY22%20dated%2031%20May%202022.pdf">click here</a> to access the press release by MoSPI dated 31st May, 2022.</p>                                                           
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Yet again, two measures of India&rsquo;s economy&mdash; &lsquo;gross value added&rsquo; and &lsquo;gross domestic product&rsquo;&mdash;have grown at widely different paces. While change in GDP significantly lagged the change in GVA in FY21, the story was opposite in FY22, says data released..."/>
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Yet again, two measures of India&rsquo;s economy&mdash; &lsquo;gross value added&rsquo; and &lsquo;gross domestic product&rsquo;&mdash;have grown at widely different paces. While change in GDP significantly lagged the change in GVA in FY21, the story was opposite in FY22, says data released..." />
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                            <p style="text-align:justify">-Livemint.com</p><p style="text-align:justify">Yet again, two measures of India&rsquo;s economy&mdash; &lsquo;gross value added&rsquo; and &lsquo;gross domestic product&rsquo;&mdash;have grown at widely different paces. While change in GDP significantly lagged the change in GVA in FY21, the story was opposite in FY22, says data released Tuesday. Mint explains:</p><p style="text-align:justify"><em>What is the difference between GVA &amp; GDP?</em></p><p style="text-align:justify">Gross value added (GVA) adds up the value of all goods and services produced in an economy after deducting the input costs, while gross domestic product (GDP) is a measure of the country&rsquo;s national income by adding up the expenditures in the economy. The main difference is that the latter includes net taxes and removes subsidies, which is why the two metrics can differ in years of sharp taxation or subsidy changes. While GDP is the internationally-accepted measure of overall economic growth in the country, GVA provides sector-wise details of economic activity from the production side.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/economy/what-is-the-story-behind-the-big-gdp-gva-gap-11654020957708.html" title="https://www.livemint.com/economy/what-is-the-story-behind-the-big-gdp-gva-gap-11654020957708.html">click here</a> to read more.&nbsp;</p><p style="text-align:justify">Kindly <a href="https://im4change.org/upload/files/Press%20Note_PE%20FY22%20dated%2031%20May%202022.pdf" title="https://im4change.org/upload/files/Press%20Note_PE%20FY22%20dated%2031%20May%202022.pdf">click here</a> to access the press release by MoSPI dated 31st May, 2022.</p>                                                           
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Yet again, two measures of India&rsquo;s economy&mdash; &lsquo;gross value added&rsquo; and &lsquo;gross domestic product&rsquo;&mdash;have grown at widely different paces. While change in GDP significantly lagged the change in GVA in FY21, the story was opposite in FY22, says data released..."/>
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Yet again, two measures of India&rsquo;s economy&mdash; &lsquo;gross value added&rsquo; and &lsquo;gross domestic product&rsquo;&mdash;have grown at widely different paces. While change in GDP significantly lagged the change in GVA in FY21, the story was opposite in FY22, says data released..." />
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    <h1 class="cat-box-title">The story behind the big GDP-GVA gap -Pragya Srivastava</h1>
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                            <p style="text-align:justify">-Livemint.com</p><p style="text-align:justify">Yet again, two measures of India&rsquo;s economy&mdash; &lsquo;gross value added&rsquo; and &lsquo;gross domestic product&rsquo;&mdash;have grown at widely different paces. While change in GDP significantly lagged the change in GVA in FY21, the story was opposite in FY22, says data released Tuesday. Mint explains:</p><p style="text-align:justify"><em>What is the difference between GVA &amp; GDP?</em></p><p style="text-align:justify">Gross value added (GVA) adds up the value of all goods and services produced in an economy after deducting the input costs, while gross domestic product (GDP) is a measure of the country&rsquo;s national income by adding up the expenditures in the economy. The main difference is that the latter includes net taxes and removes subsidies, which is why the two metrics can differ in years of sharp taxation or subsidy changes. While GDP is the internationally-accepted measure of overall economic growth in the country, GVA provides sector-wise details of economic activity from the production side.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/economy/what-is-the-story-behind-the-big-gdp-gva-gap-11654020957708.html" title="https://www.livemint.com/economy/what-is-the-story-behind-the-big-gdp-gva-gap-11654020957708.html">click here</a> to read more.&nbsp;</p><p style="text-align:justify">Kindly <a href="https://im4change.org/upload/files/Press%20Note_PE%20FY22%20dated%2031%20May%202022.pdf" title="https://im4change.org/upload/files/Press%20Note_PE%20FY22%20dated%2031%20May%202022.pdf">click here</a> to access the press release by MoSPI dated 31st May, 2022.</p>                                                           
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    <br><a href="https://www.livemint.com/economy/what-is-the-story-behind-the-big-gdp-gva-gap-11654020957708.html" class="re" target="_blank">Livemint.com, 1 June, 2022, https://www.livemint.com/economy/what-is-the-story-behind-the-big-gdp-gva-gap-11654020957708.html</a><div class="clear"></div>
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The story behind the big GDP-GVA gap -Pragya Srivastava

Published on Jun 1, 2022   Modified on Jun 2, 2022

-Livemint.com Yet again, two measures of India’s economy— ‘gross value added’ and ‘gross domestic product’—have grown at widely different paces. While change in GDP significantly lagged the change in GVA in FY21, the story was opposite in FY22, says data released Tuesday. Mint explains: What is the difference between GVA & GDP? Gross value added (GVA) adds up the value of all goods and services produced in an economy after deducting the input costs, while gross domestic product (GDP) is a measure of the country’s national income by adding up the expenditures in the economy. The main difference is that the latter includes net taxes and removes subsidies, which is why the two metrics can differ in years of sharp taxation or subsidy changes. While GDP is the internationally-accepted measure of overall economic growth in the country, GVA provides sector-wise details of economic activity from the production side. Please click here to read more.  Kindly click here to access the press release by MoSPI dated 31st May, 2022.

Livemint.com, 1 June, 2022, https://www.livemint.com/economy/what-is-the-story-behind-the-big-gdp-gva-gap-11654020957708.html

Tagged with: Gross value added GVA GDP Gross Domestic Product

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