Media Monitor
Agriculture Industry
A year of hits and misses: Indian agriculture in 2019edit
The growth rate and gross value added (GVA) by agriculture and allied sectors had improved from a negative 0.2% in 2015 to 6.3% in 2017, only to slow down to 2.9% in 2019 as per the Economic Survey 2019. While the crop sub-sector witnessed negative growth, fisheries and aquaculture, and livestock, grew steadily over the past few years. In terms of value, exports of agricultural commodities and processed food increased by 7% in 2019 to ₹1.28 lakh crore from ₹1.20 lakh crore in the 2017-18.
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Year-ender: Will 2020 be better for agriculture?edit
Onion prices, at Rs 100-plus per kg in retail and an average of Rs 6,500/quintal even in Maharashtra’s Lasalgaon wholesale market, have made headlines in a year that is coming to a close. But it’s not just onions. There are many other farm commodities whose prices have been looking up, if not soaring, of late.