The share of agriculture and allied sectors in the total Gross Value Added (GVA) of the country has been continuously declining on account of relatively higher growth performance of non-agricultural sectors, a natural outcome of development process.
GVA at Basic Prices for 2019-20 from ‘Agriculture, Forestry and Fishing’ sector is estimated to grow by 2.8 %.
Agricultural productivity is also constrained by lower level of mechanization in agriculture which is about 40 % in India, much lower than China (59.5 %) and Brazil (75 %).
Livestock income has become an important secondary source of income for millions of rural families:
Livestock sector has been growing at a CAGR of 7.9 % during last five years.
During the last 6 years ending 2017-18, Food Processing Industries sector has been growing:
Average Annual Growth Rate (AAGR) of around 5.06 %.
Constitutes as much as 8.83 % and 10.66 % of GVA in Manufacturing and Agriculture sector respectively in 2017-18 at 2011-12 prices.
While interests of the vulnerable sections of the population need to be safeguarded, Survey emphasizes on sustainability of food security operations by:
Addressing the burgeoning food subsidy bill.
Revisiting the rates and coverage under NFSA (National Food Security Act.).
