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Growth in Agriculture Expected

KJ Staff
KJ Staff

Agriculture Ministry has said the country's agriculture sector is expected to grow higher than projected 2.1 percent growth by the Central Statistical Office for the current fiscal, following better rabi crop prospects. 

Last week, CSO had said that agriculture, forestry and fishing is likely to slow a growth of 2.1 per cent in the current fiscal from 4.9 per cent in the preceding year. 

In an official release, the Ministry said, the Advance Estimate is based on the data on crop coverage and estimated production shared by the Directorate of Economics and Statistics (DES).


It said the DES has shared data on area coverage and production, based on their compilation by the month of August 2017. 

The Ministry said, the area coverage under different crops in Kharif as of August 2017 was below that of the previous year on account of delay in onset of monsoons in some parts of the country. 

farmer finance

However, good rainfall thereafter helped the Ministry in increasing the area coverage in accordance with kharif targets.

The milk production has witnessed a good growth lately and bumper production has also ruled the agricuture sector. 

India is the largest milk producing country now and farmers are being advised to have a stand in the animal husbandry sector which could fetch them good profits.

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