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Good harvest keeps farmers happy: Farm sector records 3.5% growth in Q3

The second advance estimate of foodgrain production released a few days ago estimated the wheat output at an all-time high of 106.21 million tonnes

farmers, agriculture, farm sector
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Sanjeeb Mukherjee New Delhi
India’s farm sector recorded a robust 3.5 per cent growth in the third quarter of 2019-20 (October to December) on the back of good kharif harvest and expected bumper rabi crop. In the same period the output might have fetched good price to farmers as inflation (difference between growth in current and constant prices, which sometimes is used as a proxy for farm incomes) is estimated at 10.2 per cent — the best in past several quarters.

As a consequence of steady rise in the third quarter, the National Statistical Office (NSO) estimated that the farm sector growth in 2019-20 fiscal
Topics : farm sector