Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | Capital formation in agriculture up 87% in last 6 years: Official

Capital formation in agriculture up 87% in last 6 years: Official

Share this article Share this article
published Published on Apr 11, 2012   modified Modified on Apr 11, 2012
-PTI

The Gross Capital Formation (GCF) in the agriculture and allied sectors in the country rose by 87 per cent to Rs 1,42,254 crore in the 2010-11 fiscal as compared to 2004-05, an official statement said today.

"As per annual report of the Department of Agriculture and Cooperation for the year 2011-12, GCF in agriculture and allied sectors in 2010-11 was Rs 1,42,254 crore. It was Rs 76,096 crore in 2004-05," it said.

Capital investment in agriculture and allied sectors has witnessed a steady increasing trend in recent years. It has risen from 13.5 per cent of GDP in 2004-05 to 20.1 per cent in 2010-11, it added.

The capital investment is measured in terms of Gross Capital Formation (GCF) relative to the country's Gross Domestic Product (GDP).

"This growth has been possible because of initiatives taken by the government to make agriculture a sustainable vocation," the statement said.

Investment in public sector includes irrigation works, command area development, land reclamation, afforestation and development of state farms, it added.

Private sector investment includes construction activities including improvement/reclamation of land, construction of non-residential buildings, farm houses, wells and other irrigation works, it said.


The Economic Times, 10 April, 2012, http://economictimes.indiatimes.com/news/economy/agriculture/capital-formation-in-agriculture-up-87-in-last-6-years-official/articleshow/12611514.cms


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close