{"id":95,"date":"2020-04-30T06:41:00","date_gmt":"2020-04-30T06:41:00","guid":{"rendered":"https:\/\/blog.kisansabha.in\/?p=95"},"modified":"2020-05-09T08:40:15","modified_gmt":"2020-05-09T08:40:15","slug":"agriculture-sector-to-grow-at-3-in-2020-21-despite-covid-19-lockdown-modi-govt","status":"publish","type":"post","link":"https:\/\/blog.kisansabha.in\/index.php\/2020\/04\/30\/agriculture-sector-to-grow-at-3-in-2020-21-despite-covid-19-lockdown-modi-govt\/","title":{"rendered":"Agriculture sector to grow at 3% in 2020-21 despite Covid-19 lockdown: Modi govt"},"content":{"rendered":"\n

Estimated growth in the sector has been attributed to normal monsoon this year along with water availability in reservoirs, which is 40-60% higher than last year.<\/p>\n\n\n\n

\"\"
A farmer carries dried grass between paddy fields in Odisha (representational image)<\/em><\/figcaption><\/figure>\n\n\n\n

New Delhi<\/strong>: Amid the coronavirus lockdown across the country that brought economic activity to a near halt, the Modi government is expecting that agriculture sector could be a silver lining for the Indian economy as it is estimated to grow at a rate of 3 per cent for the year 2020-21, according to NITI Aayog.<\/p>\n\n\n\n

NITI Aayog member Ramesh Chand said at a press conference Wednesday that currently the growth of the agriculture sector is 60 per cent more than the non-agriculture sectors, which is very rare.<\/p>\n\n\n\n

NITI Aayog attributed the estimated growth in the agricultural sector to normal monsoon this year along with India\u2019s water availability in reservoirs, which is 40-60 per cent higher than last year, said Chand.<\/p>\n\n\n\n

Union Agriculture Minister Narendra Singh Tomar, who was also present at the press conference, said: \u201cThe growth rate in real terms for the agriculture sector in 2019-20 was 3.7 per cent which can be deduced at 11.3 per cent in current prices.\u201d <\/p>\n\n\n\n

According to the Economic Survey 2019-20<\/a>, the annual growth rate in real terms in agriculture and its allied sectors was 2.88 per cent from 2014-15 to 2018-19 whereas the estimated growth rate in 2019-20 was 2.9 per cent.<\/p>\n\n\n\n

Economic activity across India has almost come to a standstill after the countrywide lockdown came into effect on 25 March to prevent the spread of the highly infectious Covid-19 disease.<\/p>\n\n\n\n

Although the activity of manufacturing and services sectors has been put to a halt by the lockdown, the agriculture and allied sector activities have been allowed partially by the government.\u00a0<\/p>\n\n\n\n

Source: The Print
Link:https:\/\/theprint.in\/india\/agriculture-sector-to-grow-at-3-in-2020-21-despite-covid-19-lockdown-modi-govt\/411458\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Estimated growth in the sector has been attributed to normal monsoon this year along with water availability in reservoirs, which is 40-60% higher than last year. New Delhi: Amid the coronavirus lockdown across the country that brought economic activity to a near halt, the Modi government is expecting that agriculture sector could be a silver lining 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