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Agriculture clocks growth rate of 3.4% in Q1 despite GDP contraction

GVA at current prices at 5.7%, down from 8.6% YoY

farmers, agriculture, produce, products, grains, apmc, market, msp, godown, cold storage, farming, farmers, women
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Inflation, which is sometimes used as proxy for farmers’ income, was down, according to some experts, largely due to a dip in prices of items in allied sectors, which include horticulture, livestock, fisheries, and dairy

Sanjeeb Mukherjee New Delhi
Agriculture and allied activities were the sole bright spot amid the dismal GDP performance of other sectors, clocking a growth rate of 3.4 per cent at constant prices in the first quarter of 2020-21.

Farm sector growth in the first quarter of 2019-20 was 3 per cent at constant prices.

However, the growth, driven largely by a bumper rabi harvest and facilitated by relaxation in lockdown, may not have resulted in a big rise in income for a section of farmers. Evidence for this is gross value added (GVA) at current prices for agriculture and allied sectors rising 5.7 per

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First Published: Sep 01 2020 | 12:47 AM IST

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