Key Highlights of Economic Survey For Agriculture and Food Management 2018-19 - Agrovista Profits Latest Agriculture News and Updates

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Thursday, July 4, 2019

Key Highlights of Economic Survey For Agriculture and Food Management 2018-19

Image Credit; KSFY

Agriculture and Food Management
  • The agriculture sector in India typically goes through cyclical movement in terms of its growth.
  • Gross Value Added (GVA) in agriculture improved from a negative 0.2 per cent in 2014-15 to 6.3 per cent in 2016-17 but decelerated to 2.9 per cent in 2018-19.
  • Gross Capital Formation (GCF) in agriculture as percentage of GVA marginally declined to 15.2 per cent in 2017-18 as compared to 15.6 per cent in 2016-17.
  • The public sector GCF in agriculture as a percentage of GVA increased to 2.7 per cent in 2016-17 from 2.1 per cent in 2013-14.
  • Women’s participation in agriculture increased to 13.9 per cent in 2015-16 from 11.7 per cent in 2005-06 and their concentration is highest (28 per cent) among small and marginal farmers.
  • A shift is seen in the number of operational land holdings and area operated by operational land holdings towards small and marginal farmers.
  • 89% of groundwater extracted is used for irrigation. Hence, focus should shift from land productivity to ‘irrigation water productivity’. Thrust should be on micro-irrigation to improve water use efficiency.
  • Fertilizer response ratio has been declining over time. Organic and natural farming techniques including Zero Budget Natural Farming (ZBNF) can improve both water use efficiency and soil fertility.
  • Adopting appropriate technologies through Custom Hiring Centers and implementation of ICT are critical to improve resource-use efficiency among small and marginal farmers.
  • Diversification of livelihoods is critical for inclusive and sustainable development in agriculture and allied sectors. Policies should focus on
  • Dairying as India is the largest producer of milk.
  • Livestock rearing particularly of small ruminants.
  • Fisheries sector, as India is the second largest producer.
Source PIB

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