Output and Growth According to the [inside]Economic Survey 2017-18, Volume-2[/inside] (please click here to access): • The growth rates of agriculture & allied sectors have been fluctuating at 1.5 per cent in 2012-13, 5.6 per cent in 2013-14, (-) 0.2 per cent in 2014-15, 0.7 per cent in 2015-16 and 4.9 per cent in 2016-17. • The Gross Capital Formation (GCF) in Agriculture and Allied Sectors relative to Gross Value Added (GVA) in...
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Impact on Agriculture
KEY TRENDS • Research studies indicate more erratic and intense monsoon rains/unseasonal rains and hailstorm, increasing risk of droughts and floods and rise in temperature including increased frequency of warm days. This leads to projected average reduction of yield by 6 percent in wheat, 4-6 percent in rice, 18 percent in maize, 2.5 percent in sorghum, 2 percent in mustard and 2.5 percent in potato. The crop yield were projected more...
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