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AGRICULTURE AND FOOD MANAGEMENT: ECONOMIC SURVEY 2021-22                

3rd February, 2022

 

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Context

  • Highlights of Economic Survey 2021-22

Highlights

  • The Agriculture sector experienced buoyant growth in past two years, accounting for a sizeable 18.8% (2021-22) in Gross Value Added (GVA) of the country registering a growth of 3.6% in 2020-21 and 3.9% in 2021-22.
  • Minimum Support Price (MSP) policy is being used to promote crop diversification.
  • Net receipts from crop production have increased by 22.6% in the latest Situation Assessment Survey (SAS) compared to SAS Report of 2014.
  • Allied sectors including animal husbandry, dairying and fisheries are steadily emerging to be high growth sectors and major drivers of overall growth in agriculture sector.
  • The Livestock sector has grown at a CAGR of 8.15% over the last five years ending 2019-20. It has been a stable source of income across groups of agricultural households accounting for about 15% of their average monthly income.
  • Government facilitates food processing through various measures of infrastructure development, subsidized transportation and support for formalization of micro food enterprises.
  • India runs one of the largest food management programmes in the world.
  • Government has further extended the coverage of food security network through schemes like PM Gareeb Kalyan Yojana (PMGKY).

 

https://pib.gov.in/PressReleasePage.aspx?PRID=1793829