On: 01 AUG 2023 – As per Provisional Estimates of National Income, 2022-23 released by Ministry of Statistics and Programme Implementation, the share of agriculture and allied sectors in total Gross value added (GVA) for the last five years is as under:
Year | Share of GVA of Agriculture & Allied Sector in Total Economy (at current prices) (%) |
2017-18 | 18.3 |
2018-19 | 17.6 |
2019-20 | 18.3 |
2020-21 | 20.3 |
2021-22 | 19.0 |
During the last six years the agriculture and allied sector has been growing at 4.4% per annum. No specific target has been set for the growth of agriculture sector by the Government.
The Government has adopted and implemented several policies, reforms, developmental programmes and schemesfor improving the +agricultural growth prospects and incomes of the farmers.These include:
- Supplementary income transfers under PM-KISAN of Rs. 6000/- per year in three equal instalments to eligible beneficiaries.
- Increase in Minimum Support Price (MSPs) for all Kharif & Rabi crops ensuring a minimum of 50 percent of profit margin on the cost of production.
- Crop insurance under Pradhan Mantri Fasal Bima Yojna (PMFBY).
- Better access to irrigation under Pradhan Mantri Krishi Sinchayee Yojana (PMKSY).
- Special attention for creation of infrastructure through Agri Infrastructure Fund (AIF) with a size of Rs. 100,000 crore.
- New procurement policy under PM-AASHA in addition to FCI operations.
- Kisan Credit Cards (KCC) offering production loan to even dairy & fishery farmers besides agricultural crops.
- Formation and promotion of 10,000 Farmer Producer Organisations (FPO).
- National Mission for Sustainable Agriculture (NMSA), which aims to evolve and implement strategies to make Indian agriculture more resilient to the changing climate.
- Adoption of drone technologies in agriculture which has potential to revolutionize the Indian agriculture.
- Benefits accruing under Bee-Keeping, Rashtriya Gokul Mission, Blue Revolution, Interest Subvention Scheme, Agro-forestry, Restructured Bamboo Mission, implementation of new generation watershed guidelines, etc.
- Focus on application of digital technology at all stages of agricultural value chain.
- Supply of fertilizer to farmer at subsidized price so as to reduce input cost.
This information was given by the Union Minister of Agriculture and Farmers Welfare, Shri Narendra Singh Tomar in a written reply in Lok Sabha.
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