05-04-2023 02:45 PM | Source: Accord Fintech
Agriculture remains prime pulse of Indian economy: Narendra Singh Tomar
News By Tags | #1716 #248 #840 #2999 #6463

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Emphasizing that agriculture remains prime pulse of the Indian economy, Union Agriculture Minister Narendra Singh Tomar has said that the agriculture is at the core of the socio-economic development of the country. It accounts for around 19 per cent of the GDP and about two-thirds of the population is dependent on the sector.

Union Agriculture Minister also noted that India’s agriculture sector has been witnessing robust growth with an average annual growth rate of 4.6 per cent over the last six years. This has enabled agriculture and allied activities sector to contribute significantly towards country’s overall growth, development and food security.

Meanwhile, as per 2nd Advance Estimates (2022-23), production of foodgrains in the country is estimated at 3235 lakh tonnes which is higher by 79 lakh tonnes than the production of foodgrains during 2021-22. Record production is estimated of rice, maize, gram, pulses, rapeseed and mustard, oilseeds and sugarcane.