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India's gross value added in allied activities, agriculture surges to 5.3%

Growth in livestock, forestry and fishing also seems to have played a big role in pushing the growth in the first quarter of 2018-19

GVA growth
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Sanjeeb Mukherjee New Delhi
The country’s gross value added (GVA) in agriculture and allied activities jumped to 5.3 per cent in the first quarter of 2018-19. 

This was driven largely by a strong show in the livestock, forestry and fishing segments, which account for 45 per cent of the GVA. It was also due to a big jump in foodgrains output, according to the fourth Advanced Estimate for 2017-18 (July-June).

“Otherwise, you won’t get a growth of 5.3 per cent in agriculture and allied activities on a relatively high base of 3 per cent in the first quarter of 2017-18,” Madan Sabnavis, chief economist