‘Agriculture, allied sectors improve strongly’

• Climate change and water scarcity are significant obstacles requiring targeted interventions.

• The Economic Survey recommends research and development activities to promote agricultural production patterns and practices.

• The agriculture sector has shown robust growth, averaging 5% annually from 2016-17 to 2022-23.

• The Gross Value Added (GVA) of agriculture and related sectors improved from 24.38% in 2014-15 to 30.23% in 2022-23.

• Concerns raised over the slower growth rate of oilseeds at 1.9%.

• The fisheries sector has the highest compound annual growth rate (CAGR) at 13.67%.

• Irrigation coverage increased from 49.3% to 55% of the gross cropped area (GCA) between 2015-16 and 2020-21.

• Agricultural income has increased at 5.23% annually over the past decade.