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LATEST NEWS UPDATES | Agriculture growth negative in last five years -V Geetanath

Agriculture growth negative in last five years -V Geetanath

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published Published on Jan 24, 2017   modified Modified on Jan 24, 2017
-The Hindu

Nabard report says high dependency on well irrigation coupled with low rainfall is acting as a constraint for achieving high farm growth

Hyderabad:
Agriculture growth in the last five years has been negative though it has been compensated by contribution from allied agricultural activities in Telangana, said the National Bank for Agriculture and Rural Development (Nabard) in a report presented at the credit plan seminar on Friday.

Expressing the bank’s perspective with regard to doubling farmers income in the State within six years as enunciated by the Central Government, the bank said a multi-sectoral, multi-agency approach is required to increase productivity in different sectors to increase the income of farmers substantially.

High dependency on well irrigation coupled with low rainfall is acting as a constraint for achieving high agriculture growth.

High dependence on agriculture with low productivity and without much diversification into non-farm activity is a constraint, it said.

Also, a high dependence on allied agriculture and non-farm activities which are non-income fetching and low dependency on agriculture has not resulted in higher income to farmers with Medak district being a good representative of this feature.

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The Hindu, 23 January, 2017, http://www.thehindu.com/news/cities/Hyderabad/Agriculture-growth-negative-in-last-five-years/article17079004.ece


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