Aparna Lucknow, India 601 Questions 0 Answers 0 Best Answers 678 Points View Profile Aparna Asked: September 30, 20212021-09-30T21:19:48+05:30 2021-09-30T21:19:48+05:30In: Economics What is Absolute level of real Gross Value Added (or GVA)? What is Absolute level of real Gross Value Added (or GVA)? economic graphs in indicators Share Facebook 1 Answer Recent Rahul 0 Questions 518 Answers 176 Best Answers 2k Points View Profile Rahul BRIGHT 2021-09-30T21:21:41+05:30Added an answer on September 30, 2021 at 9:21 pm Absolute level of real Gross Value Added (or GVA) The Gross Value Added provides a picture of the economy from the supply side. It maps the value-added by different sectors of the economy such as agriculture, industry and services. In other words, GVA provides a proxy for the income earned by people involved in the various sectors. At Rs 123.4 lakh crore, India’s real GVA level, too, will fall below the 2018-19 level. 0 Reply Share Share Share on Facebook Share on Twitter Share on WhatsApp Leave an answerCancel replyYou must login or register to add a new answer. Related Questions What is Cash Reserve Ratio (CRR)? What is Government debt to GDP?