Business Standard

Budget 2018: Investments in agri the best weapons against poverty, hunger

Among other things, private players should be incentivised to deploy modern technologies in weather/climate-related predictions and forecasts

agriculture, farming, crops, cultivation

Photo: Shutterstock

Ranen Banerjee
The year 2018 marks the arrival of 69th Republic day of India. In its journey so far, agriculture and allied sector has played and will continue to play a significant role in providing employment and sustainable livelihoods for the growing population in India. Over 58 per cent of the rural households depend on agriculture as their principal means of livelihood. As per the 2nd revised estimates by the Central Statistics Office (CSO), the share of agriculture and allied sectors (including agriculture, livestock, forestry and fishery) is estimated to be 17.3 per cent of the Gross Value Added (GVA) during 2016-17

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 31 2018 | 5:10 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to