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LATEST NEWS UPDATES | Agri GDP growth falls: Doubling farmers' income in next 3 years looks a tough task -Rajalakshmi Nirmal

Agri GDP growth falls: Doubling farmers' income in next 3 years looks a tough task -Rajalakshmi Nirmal

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published Published on Sep 1, 2019   modified Modified on Sep 1, 2019
-The Hindu Business Line

While production has dropped, it has not been accompanied by a commensurate increase in price

Last week, while the CSO released the Q1 GDP numbers, it also showed numbers for agriculture, forestry and fishing as a segment. For the June quarter, this segment’s growth in real terms was 2 per cent, against 5.1 per cent in the same quarter of the previous year.

Agri GDP growth has been sliding since the beginning of 2018-19. Against the 5 per cent growth reported in 2017-18, the year 2018-19 ended with a growth of 2.75 per cent.

AgriGDP
 
Though broad numbers from the Ministry of Agriculture show that the country has been doing well on crop output, dissecting it reveals that there has been a drop in production in some major food as well as non-food crops.

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The Hindu Business Line, 31 August, 2019, https://www.thehindubusinessline.com/economy/agri-business/agri-gdp-growth-falls-doubling-farmers-income-in-next-3-years-looks-a-tough-task/article29308630.ec


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