|
| Farm sector posts higher growth at 3.9% in Q1 |
| Press Trust of India / New Delhi Aug 30, 2011, 21:07 IST |
|
Agriculture and allied sector grew by 3.9% in the first quarter of the current fiscal as against 2.4% in the year-ago period on record rabi (winter) crop.
"The production of crops -- rice, wheat, coarse cereals and pulses during the rabi season of agriculture year 2010-11 recorded growth rates of 11.3%, 6.3%, 0.7% and 4.9% respectively over the production in the corresponding season of previous agriculture year," an official statement said.
Among commercial crops, the production of oilseeds rose by 12% in rabi season of 2010-11 crop year (July-June).
India produced a record 241.56 million tonnes of foodgrains in 2010-11 crop year against 218.11 million tonne in the previous crop year.
Out of 241.56 tonne, the country produced 120.2 million tonne in Kharif season and record 121.36 million tonne in the rabi season.
In foodgrains category, the country achieved a record production in wheat at 85.93 million tonne, coarse cereals at 42.22 million tonne and pulses at 18.09 million tonne in 2010-11 crop year.
The agriculture and allied sector contribute about 14% to the country's total GDP. The farm sector is expected to miss the targeted four% growth in the 11th Five Year Plan (2007-2012).
|
|
|
|
|
|
|
|
|
|
 Read Business news in |  |
|
|
|
|
|
|
Advertisements |
|
|
|
|
|
|
|
|
|
|
Content Guide
