The Central Statistics Office (CSO) has recently made an upward revision to the growth to be experienced by the agrarian economy in the present crop year (viz. from July, 2017 to June, 2018). The growth in real Gross Value Added (GVA) by the agrarian sector as a whole is expected to be 3.0 percent in 2017-18 as per the second advance estimates of national income for 2017-18, which was released...
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Agriculture ministry differs with CSO over estimated growth of farm sector
The Ministry of Agriculture and Farmers Welfare has contended that the growth in real Gross Value Added (GVA) by the agrarian sector will not decline in 2017-18 vis-à-vis 2016-17 as has been predicted by the Central Statistics Office (CSO). The first advance estimates of CSO show that the growth rate in GVA at basic price (at 2011-12 prices) of the 'Agriculture, Forestry & fishing' sector is likely to dip from 4.9...
More »Bullish Agri Ministry expects higher GVA growth in 2017-18
-The Hindu Business Line ‘CSO’s advance estimate factored in crop coverage data only till August 2017’ New Delhi: The Agriculture Ministry is hopeful of the overall agriculture sector posting a “much higher” gross value added (GVA) growth for 2017-18 than the 2.1 per cent growth estimate put out by the CSO’s advance estimates on Friday. The optimism of achieving a higher than estimated growth rate of 2.1 per cent stems from the fact...
More »Agrarian Haryana tops diversion of forest land; Telangana, MP next -Vishwa Mohan
-The Times of India NEW DELHI: Haryana does not have much area under forest cover — most of its land (80%) is under cultivation — but it still diverts more forest land than any other state for non-Forestry purposes, such as construction, infrastructure and industrial projects. Along with Telangana, Madhya Pradesh, Odisha and Maharashtra, Haryana accounted for more than 50% of the total diversion of forest area (56,069 hectares or 560.69 sq...
More »Budget 2018: Arun Jaitley Starts Pre-Budget Consultations, To Focus on Agricultural Productivity
-NDTV In the pre-budget consultations, Arun Jaitley said that in order to achieve the goal of doubling the farmer's income by 2022, there is need for better storage and marketing facilities for the farmers' produce The Union Minister of Finance Arun Jaitley said that there is a need to conserve water, incentivize agro processing and promote balanced use of fertilizers in order to ensure higher agriculture productivity. The Finance Minister said that...
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