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Niti Aayog
India's agriculture sector growth is estimated to be lower at 4 per cent in the 2025-26 financial year compared to the rate of 4.6 per cent recorded in the previous fiscal, a senior government official said on Monday. "It (agri growth) will be close to 4 per cent in FY 2025-26. It is difficult to attribute reasons for lower growth at this point of time," Ramesh Chand, member of government think tank Niti Aayog, told PTI on the sidelines of an agri business summit. The agri growth keeps fluctuating as base effect is low. The flood impact in Punjab is only in a limited area, and that is unlikely to bring down the state's growth, he said. "Looking at the first half of FY 2025-26 growth figures for agriculture sector, the second half will be normal," Chand noted. Farm growth was estimated at 3.7 per cent in the first quarter and 3.5 per cent in the second quarter of the current fiscal year. In 2024-25, overall farm growth reached 4.63 per cent, he added. Chand said India's agricultura
India's agriculture sector can easily maintain a 4 per cent growth rate over the next 10 years, and the country needs to enhance its warehouse infrastructure, Niti Aayog member Ramesh Chand said on Thursday. Addressing an event organised by industry body PHDCCI, Chand said agricultural products' demand will grow at 2.5 per cent. "So, I feel that we can easily assume, easily maintain this 4 per cent growth in the agriculture sector in the next 10 years," he noted. India's agriculture sector recorded a growth rate of 3.7 per cent during the first quarter of 2025-26. "But our agricultural products' demand is not rising at that rate. So, either use these products for industry or tap the export market. I feel tapping the export market is a much better option," Chand added. Warehousing requirements for rice and wheat are not different, but in the case of maize, it is different, he said. Chand noted that regulations are important in influencing investment decisions in warehousing, if th
Niti Aayog Vice Chairman Suman Bery on Thursday said a balanced mix of public and private participation is crucial to achieve efficiency, resilience, and innovation in the energy sector. Berry made the remarks while addressing the Energy Security Conference organised by the Confederation of Indian Industry (CII) here. "The structure of our energy market, particularly in hydrocarbons, needs careful rethinking. A balanced mix of public and private participation will be critical to achieving energy efficiency, resilience, and innovation," a statement quoted the Vice Chairman as saying. Bery called for a review of the current market structure of India's energy sector, saying the traditional dominance of public-sector enterprises in hydrocarbons and electricity generation must evolve to reflect the changing realities of the energy transition, CII said in a statement. He said energy security is not just about ensuring supply, it is about affordability, diversification, and resilience. Th
NITI Aayog has called for rapid expansion and mordenization of the fishing fleet and expanding market access, to promote the country's blue economy. The Aayog has also pitched for scaling up operations and strengthening monitoring and surveillance mechanism. The report titled 'India's Blue Economy' emphasised on the need of capacity building and research in this field. It also noted that choice of technique must be carefully aligned with the target species, vessel capabilities, and regulatory frameworks that promote sustainable fishing practices. To promote fish exports, the report also called for establishing framework and addressing critical infrastructure gaps. India has an extensive maritime area, with a coastline stretching over 11,098 km across nine coastal states and four union territories. The country has a long history of marine fishing with a focus traditionally on coastal and inshore resources. The thriving fisheries sector contributes significantly to the national ec