The document provides information on India's agriculture sector. Some key points:
- India has the 2nd largest amount of agricultural land in the world at 157.35 million hectares.
- Food grain production reached a record high of 273.83 million tonnes in FY2017, up from 253.16 million tonnes in FY2016.
- India is the largest producer of many crops like spices, pulses, milk and tea. It is also the 2nd largest producer of wheat, rice, fruits and vegetables.
- The government has implemented various schemes to boost agriculture like Pradhan Mantri Krishi Sinchai Yojana for irrigation and Pradhan Mantri Fas
Budget 2016 govt raises agriculture spending to rs36,000 croreAnil Surma
The Indian government raised its agriculture spending for fiscal year 2016-2017 to Rs. 36,000 crore, a 44% increase over the previous year. Major areas that will receive increased funding include crop insurance schemes like Pradhan Mantri Fasal Bima Yojana which will receive Rs. 5,500 crore, irrigation projects, e-marketplaces for farm goods, and interest subsidies on loans for farmers. The budget aims to boost the agriculture sector and improve farm incomes following two years of drought conditions.
- India holds the second largest agricultural land area in the world at 157 million hectares. It has a variety of climatic conditions suitable for agriculture.
- India is the largest producer of many crops like spices, pulses, milk and the second largest producer of crops like wheat, rice, fruits and vegetables.
- Food grain production reached a record high of 252.68 million tonnes in FY2015 and increased slightly to 253.16 million tonnes in FY2016. The government has set a target of 280.6 million tonnes by FY2021.
Indian agriculture is the backbone of the economy, with 58% of the population depending on it. India ranks second worldwide in farm output and is the leading producer of crops like jute and pulses. The sector has historically contributed around 16% to GDP but this has fallen in recent years. While agricultural production has grown, the rate of growth has only been 2% annually. The government aims to double food grain production in the next decade through new policies and incentives to make India hunger-free and revive the sector's importance to the economy.
India is a major producer and exporter of agricultural products globally. Some key points:
- India ranks 2nd in global production of fruits and vegetables and is a leading exporter of items like mangoes and bananas.
- Agricultural exports from India have grown significantly over the past decade, reaching US$38.21 billion in FY2018.
- The food processing industry in India contributes significantly to the economy and food exports. Major segments include dairy, oils and fats, and snacks. Processed food sales are growing rapidly.
- Infrastructure for food processing has expanded, with over 7,800 cold storage facilities and 42 sanctioned mega food parks. The government aims to further increase agricultural exports and processing
Growth and performance of agriculture and its future challengesMohit Chauhan
Indian agriculture has experienced significant growth and changes over time. Some key points:
1) Agriculture remains an important part of the Indian economy, providing employment to around half of India's workforce and contributing approximately 13-15% to national GDP.
2) Both agricultural production and productivity have increased substantially over the past decades due to factors like increased usage of inputs, irrigation expansion, mechanization, and crop intensification.
3) However, Indian agriculture still faces challenges to sustain its growth from population pressure on land, climate change impacts, lack of post-harvest infrastructure. Future strategies are needed to boost productivity while ensuring food security.
Agriculture in India has a significant history. Today, India ranks second worldwide in farm output. The economic contribution of agriculture to India's GDP is steadily declining with the country's broad-based economic growth. Still, agriculture is demographically the broadest economic sector and plays a significant role in the overall socio-economic fabric of India.
- Agriculture in India ranks second worldwide in farm output and is the largest producer of milk, cashew nuts, coconuts, tea, ginger, turmeric and black pepper. It also has the world's largest cattle population.
- Indian agriculture has made rapid progress since independence, becoming self-sufficient and even a exporter, moving from subsistence farming to intensive, technology-led cultivation.
- The WTO aims to promote international trade and ensure trade flows as smoothly, predictably and freely as possible by setting rules and resolving disputes. However, critics argue it favors large, powerful nations over small countries and can negatively impact labor rights, public services and the environment.
The agriculture sector is the dominant sector of the Indian economy, providing livelihood for about 65% of the population. Some key points about Indian agriculture:
- It has grown significantly since the Green Revolution but faces challenges of small landholdings, inadequate irrigation, depleted soils, and lack of storage and financing.
- Government policies aim to achieve over 4% annual growth through private sector participation, insurance, market access, and infrastructure development.
- The sector faces population pressure, resulting in small fragmented landholdings, as well as problems of irrigation, soil depletion, storage, and farm equipment.
- Recent developments include increased government expenditure on agriculture and a target of Rs. 575,000 crore
Budget 2016 govt raises agriculture spending to rs36,000 croreAnil Surma
The Indian government raised its agriculture spending for fiscal year 2016-2017 to Rs. 36,000 crore, a 44% increase over the previous year. Major areas that will receive increased funding include crop insurance schemes like Pradhan Mantri Fasal Bima Yojana which will receive Rs. 5,500 crore, irrigation projects, e-marketplaces for farm goods, and interest subsidies on loans for farmers. The budget aims to boost the agriculture sector and improve farm incomes following two years of drought conditions.
- India holds the second largest agricultural land area in the world at 157 million hectares. It has a variety of climatic conditions suitable for agriculture.
- India is the largest producer of many crops like spices, pulses, milk and the second largest producer of crops like wheat, rice, fruits and vegetables.
- Food grain production reached a record high of 252.68 million tonnes in FY2015 and increased slightly to 253.16 million tonnes in FY2016. The government has set a target of 280.6 million tonnes by FY2021.
Indian agriculture is the backbone of the economy, with 58% of the population depending on it. India ranks second worldwide in farm output and is the leading producer of crops like jute and pulses. The sector has historically contributed around 16% to GDP but this has fallen in recent years. While agricultural production has grown, the rate of growth has only been 2% annually. The government aims to double food grain production in the next decade through new policies and incentives to make India hunger-free and revive the sector's importance to the economy.
India is a major producer and exporter of agricultural products globally. Some key points:
- India ranks 2nd in global production of fruits and vegetables and is a leading exporter of items like mangoes and bananas.
- Agricultural exports from India have grown significantly over the past decade, reaching US$38.21 billion in FY2018.
- The food processing industry in India contributes significantly to the economy and food exports. Major segments include dairy, oils and fats, and snacks. Processed food sales are growing rapidly.
- Infrastructure for food processing has expanded, with over 7,800 cold storage facilities and 42 sanctioned mega food parks. The government aims to further increase agricultural exports and processing
Growth and performance of agriculture and its future challengesMohit Chauhan
Indian agriculture has experienced significant growth and changes over time. Some key points:
1) Agriculture remains an important part of the Indian economy, providing employment to around half of India's workforce and contributing approximately 13-15% to national GDP.
2) Both agricultural production and productivity have increased substantially over the past decades due to factors like increased usage of inputs, irrigation expansion, mechanization, and crop intensification.
3) However, Indian agriculture still faces challenges to sustain its growth from population pressure on land, climate change impacts, lack of post-harvest infrastructure. Future strategies are needed to boost productivity while ensuring food security.
Agriculture in India has a significant history. Today, India ranks second worldwide in farm output. The economic contribution of agriculture to India's GDP is steadily declining with the country's broad-based economic growth. Still, agriculture is demographically the broadest economic sector and plays a significant role in the overall socio-economic fabric of India.
- Agriculture in India ranks second worldwide in farm output and is the largest producer of milk, cashew nuts, coconuts, tea, ginger, turmeric and black pepper. It also has the world's largest cattle population.
- Indian agriculture has made rapid progress since independence, becoming self-sufficient and even a exporter, moving from subsistence farming to intensive, technology-led cultivation.
- The WTO aims to promote international trade and ensure trade flows as smoothly, predictably and freely as possible by setting rules and resolving disputes. However, critics argue it favors large, powerful nations over small countries and can negatively impact labor rights, public services and the environment.
The agriculture sector is the dominant sector of the Indian economy, providing livelihood for about 65% of the population. Some key points about Indian agriculture:
- It has grown significantly since the Green Revolution but faces challenges of small landholdings, inadequate irrigation, depleted soils, and lack of storage and financing.
- Government policies aim to achieve over 4% annual growth through private sector participation, insurance, market access, and infrastructure development.
- The sector faces population pressure, resulting in small fragmented landholdings, as well as problems of irrigation, soil depletion, storage, and farm equipment.
- Recent developments include increased government expenditure on agriculture and a target of Rs. 575,000 crore
India is considered as one of the fastest growing economies in the world. Agriculture is the mother of any economy, whether it is rich or poor. Much of its influence is on the other sectors of economy - industry and service. India is the second largest in farm output. Hence, India’s economic security continues to be predicated upon the agriculture sector, and the situation is not likely to change in the near future. Even today, the share of agriculture in employment is about 49% of the population, as against around 75% at the time of independence. In the same period, the contribution of agriculture and allied sector to the Gross Domestic Product (GDP) has fallen from 61% to 17% in 2015-16. Around 51% of India’s geographical area is already under cultivation as compared to 11% of the world average. China with lesser cultivable land produces double the food grains, i.e. 607 million tons in 2015 -16 as compared with India’s 252 million tons in 2015-16. The present cropping intensity of 136% has registered an increase of only 25% since independence. Further, rain fed dry lands constitute 65% of the total net sown area. There is also an unprecedented degradation of land (107 million ha) and groundwater resource, and also fall in the rate of growth of total factor productivity. This deceleration needs to be arrested and agricultural productivity has to be doubled to meet growing demands of the population by 2050. Natural resource base of agriculture, which provides for sustainable production, is shrinking and degrading, and is adversely affecting production capacity of the ecosystem. However, demand for agriculture is rising rapidly with increase in population and per capita income and growing demand from industry sector. There is, thus, an urgent need to identify severity of problem confronting agriculture sector to restore its vitality and put it back on higher growth trajectory. The problems, however, are surmountable, particularly when new tools of science and technology have started offering tremendous opportunities for application in agriculture. However, the country recorded impressive achievements in agriculture during three decades since the onset of green revolution in late sixties. This enabled the country to overcome widespread hunger and starvation; achieve self-sufficiency in food; reduce poverty and bring economic transformation in millions of rural families. The situation, however, started turning adverse for the sector around mid-nineties, with slowdown in growth rate of output, which then resulted in stagnation or even decline in farmers’ income leading to agrarian distress, which is spreading and turning more and more serious. This Paper attempts to focus attention on Issues, Challenges and Government policies of Indian Agriculture in the context of Globalization.
India has traditionally been an agrarian society, with agriculture and allied sectors forming the backbone of the economy. Key aspects of the agriculture and allied sectors in India include: (1) India is the second largest producer of fruits and vegetables globally. (2) India is the twelfth largest agricultural exporter worldwide. (3) Between 1950-51 and 2016-17, food grain production in India grew nearly 6 times, demonstrating significant growth in the agriculture sector.
The document provides information on India's agriculture sector. It notes that India has the second largest agricultural land area in the world and favorable climatic conditions. Some key points:
- India is the largest producer of many crops like spices, pulses, milk, tea and the second largest producer of wheat, rice, fruits and vegetables.
- Total food grain production reached a record high of 252.68 million tonnes in FY2015 and 253.16 million tonnes in FY2016.
- The government has implemented several schemes to boost agriculture like Pradhan Mantri Krishi Sinchai Yojana to improve irrigation and Paramparagat Krishi Vikas Yojana to promote organic
Agriculture is the primary occupation in India, contributing 22% to GDP and employing over half of the workforce. India is the largest producer of many agricultural commodities like spices, pulses, milk, tea and the second largest producer of rice, wheat, fruits and vegetables. The agricultural industry is supported by favorable climatic conditions and government initiatives to boost productivity through irrigation, seeds development, and access to markets and credit.
India has the second largest amount of agricultural land globally at 179.9 million hectares. It produces a variety of crops due to diverse climatic conditions and soil types. Food grain production reached an all-time high of 259 million tonnes in FY12, with rice and wheat production at 105 and 95 million tonnes respectively. Growing population and incomes are driving demand for agricultural output. The government is undertaking various initiatives to boost production such as increasing irrigation, promoting mechanization, and providing support prices.
This document discusses the importance of agriculture in India. It defines agriculture as the cultivation of crops and plants for human use. Agriculture is the backbone of the Indian economy, providing employment, income to the government, foreign exchange earnings, and demand for other industries. However, Indian agriculture is also backward due to factors like population pressure on land, small farm sizes, lack of irrigation and infrastructure, and inadequate access to credit and technology. The document suggests various measures to improve agricultural production and productivity in India such as increasing agricultural equipment and infrastructure, providing better seeds and fertilizers, education/research, and reforming agricultural marketing and institutions.
Indian agriculture is one of the strong sectors of the Indian economy, contributing 14% to GDP and employing 58% of the population. Major crops include rice, wheat, oilseeds, cotton, jute, and tea. The Green Revolution in the 1960s increased agricultural production and exports through high-yielding varieties and increased fertilizer and irrigation. However, average yields remain low due to inadequate irrigation, illiteracy, and lack of technical development compared to other countries.
The document summarizes a fodder and feed development scheme for rural areas like Konnur village. It notes that 63% of the village population engages in farming and the main crops are paddy and red gram. Livestock rearing and fishing are secondary activities. The scheme aims to improve fodder availability by developing grasslands, distributing fodder seeds, assisting fodder block making units, and providing subsidies for hand driven chaff cutters. This would benefit the village's livestock farmers and improve soil quality.
Agriculture sector in India by Sangram PisatSangram Pisat
The economy of India lies in the agriculture sector of India. Employment factor in rural area depends on agriculture sector. Agriculture sector in India has such enormous power which can affect world economy.
This presentation contains overview, analysis and growth drivers of agriculture industry in India. It gives you the information regarding problems faced by Indian agriculture sector.
India is the second largest producer of agricultural products in the world. Some key points:
- India produces over 250 million tonnes of food grains annually, making it the largest producer of many crops like spices, pulses, milk, tea and the second largest producer of wheat, rice, fruits and vegetables.
- The agriculture sector is a major contributor to India's GDP and employs over half the country's population. However, farm incomes are growing slowly.
- The government has implemented several schemes to boost irrigation, increase crop yields and promote organic farming to achieve its goal of doubling farmer incomes by 2022.
- Major crops include rice, wheat, fruits and vegetables. Production of rice and wheat has been increasing over time
Agricultural economics combines technical agricultural aspects with business principles of management, marketing, and finance. It originally focused on maximizing crop and livestock yields while maintaining soil health but has expanded significantly. Agricultural economics studies optimal resource allocation for farmers and can be traced back to land economics. It remains an important part of India's economy, accounting for around 18% of GDP and providing livelihoods for many. However, Indian agriculture faces challenges including monsoon dependence, population pressure on land, and structural deficiencies.
The document discusses the current state and potential of Indian agriculture and rural marketing. It notes that India is a major global producer of tea, milk, cattle, sugarcane, fruits and vegetables, but yields remain low due to issues like low mechanization, heavy fertilizer use, and poor infrastructure. It outlines opportunities to improve efficiency through reducing waste, increasing processing, and developing the rural market through improved availability, affordability, acceptability and awareness of products. A three-tier model of "Food Marts", "Agri Marts" and "Kissan" centers is proposed to better serve rural communities.
Is indian agriculture a policy disaster?Nataraj Kp
The document discusses Indian agriculture and analyzes its problems and policies. It notes that while agriculture contributes significantly to India's GDP and employment, productivity is low due to small landholdings, lack of irrigation and technology, and poor policy implementation. The government has introduced several policies since independence, such as land reforms, credit expansion, and input subsidies. However, problems remain such as uneven climate, incomplete land reforms, lack of long-term planning, and underutilization of technology. Improving agricultural productivity in India requires better adoption of measures and fully implementing policies with a long-term perspective.
Agriculture Sector in India, Indian Agriculture IndustryBruce Clay India
Indian agriculture is on a long-term growth path. The country is the second-largest producer of food in the world and holds the potential of being the biggest on global food and agriculture canvas, according to a Corporate Catalyst India (CCI) survey.
The document analyzes India's agricultural sector. It notes that agriculture is the largest and most prominent sector in India's economy, accounting for 16.6% of GDP and employing 60% of the population. India is the second largest exporter of farm products and largest producer of many crops. Key movements that increased food production were the Green Revolution in the 1970s and Operation Flood, which made India the largest milk producer. The sector faces weaknesses like small landholdings and dependence on monsoons but also opportunities such as contract farming and information technology aiding growth.
The document provides information on India's agriculture sector. Some key points:
- India has the 2nd largest amount of agricultural land in the world at 157.35 million hectares. It also has diverse climatic conditions and soil types suitable for agriculture.
- Food grain production in India reached a record high of 273.83 million tonnes in FY2017. India is the largest producer of several crops like spices, pulses, milk and the 2nd largest producer of wheat and rice.
- The government has implemented several schemes to boost agriculture like Pradhan Mantri Krishi Sinchai Yojana for irrigation and Pradhan Mantri Fasal Bima Yojana for crop
This document provides an introduction and objectives of Indian agriculture. It discusses that agriculture remains the backbone of the Indian economy despite rapid growth in the non-agriculture sector. Key points include:
- Agriculture supports 17% of the world's population on 2.3% of land area and 4.2% of water resources.
- Average farm size has reduced while productivity remains lower than world average. Mechanization has increased over time utilizing various power sources to supplement human and animal power.
- Objectives are to increase agricultural productivity and meet future food demand projections through intensification and mechanization using appropriate eco-technologies.
- Mechanization indicators show India's level of mechanization has increased over time
The document provides information on India's agriculture sector. Some key points:
- India has the 2nd largest agricultural land area in the world at 157.35 million hectares. It is also the largest producer of many crops like spices, pulses, milk and tea.
- Total food grain production reached a record high of 252.68 million tonnes in FY2015 and 253.16 million tonnes in FY2016.
- The government has implemented several schemes to boost agriculture like Pradhan Mantri Krishi Sinchai Yojana for irrigation, Paramparagat Krishi Vikas Yojana for organic farming, and Pradhan Mantri Fasal Bima Y
The document provides information on Indian agriculture as of March 2017. It notes that India has the second largest agricultural land area in the world at 157.35 million hectares. Major points covered include:
- India is the largest producer of many crops like spices, pulses, milk and the second largest producer of wheat, rice, fruits and vegetables.
- Total food grain production reached a record high of 253.16 million tonnes in FY2016.
- The government has implemented various schemes to boost agriculture such as Pradhan Mantri Krishi Sinchai Yojana for irrigation and Pradhan Mantri Fasal Bima Yojana for crop insurance.
- The sector has grown at a
India is considered as one of the fastest growing economies in the world. Agriculture is the mother of any economy, whether it is rich or poor. Much of its influence is on the other sectors of economy - industry and service. India is the second largest in farm output. Hence, India’s economic security continues to be predicated upon the agriculture sector, and the situation is not likely to change in the near future. Even today, the share of agriculture in employment is about 49% of the population, as against around 75% at the time of independence. In the same period, the contribution of agriculture and allied sector to the Gross Domestic Product (GDP) has fallen from 61% to 17% in 2015-16. Around 51% of India’s geographical area is already under cultivation as compared to 11% of the world average. China with lesser cultivable land produces double the food grains, i.e. 607 million tons in 2015 -16 as compared with India’s 252 million tons in 2015-16. The present cropping intensity of 136% has registered an increase of only 25% since independence. Further, rain fed dry lands constitute 65% of the total net sown area. There is also an unprecedented degradation of land (107 million ha) and groundwater resource, and also fall in the rate of growth of total factor productivity. This deceleration needs to be arrested and agricultural productivity has to be doubled to meet growing demands of the population by 2050. Natural resource base of agriculture, which provides for sustainable production, is shrinking and degrading, and is adversely affecting production capacity of the ecosystem. However, demand for agriculture is rising rapidly with increase in population and per capita income and growing demand from industry sector. There is, thus, an urgent need to identify severity of problem confronting agriculture sector to restore its vitality and put it back on higher growth trajectory. The problems, however, are surmountable, particularly when new tools of science and technology have started offering tremendous opportunities for application in agriculture. However, the country recorded impressive achievements in agriculture during three decades since the onset of green revolution in late sixties. This enabled the country to overcome widespread hunger and starvation; achieve self-sufficiency in food; reduce poverty and bring economic transformation in millions of rural families. The situation, however, started turning adverse for the sector around mid-nineties, with slowdown in growth rate of output, which then resulted in stagnation or even decline in farmers’ income leading to agrarian distress, which is spreading and turning more and more serious. This Paper attempts to focus attention on Issues, Challenges and Government policies of Indian Agriculture in the context of Globalization.
India has traditionally been an agrarian society, with agriculture and allied sectors forming the backbone of the economy. Key aspects of the agriculture and allied sectors in India include: (1) India is the second largest producer of fruits and vegetables globally. (2) India is the twelfth largest agricultural exporter worldwide. (3) Between 1950-51 and 2016-17, food grain production in India grew nearly 6 times, demonstrating significant growth in the agriculture sector.
The document provides information on India's agriculture sector. It notes that India has the second largest agricultural land area in the world and favorable climatic conditions. Some key points:
- India is the largest producer of many crops like spices, pulses, milk, tea and the second largest producer of wheat, rice, fruits and vegetables.
- Total food grain production reached a record high of 252.68 million tonnes in FY2015 and 253.16 million tonnes in FY2016.
- The government has implemented several schemes to boost agriculture like Pradhan Mantri Krishi Sinchai Yojana to improve irrigation and Paramparagat Krishi Vikas Yojana to promote organic
Agriculture is the primary occupation in India, contributing 22% to GDP and employing over half of the workforce. India is the largest producer of many agricultural commodities like spices, pulses, milk, tea and the second largest producer of rice, wheat, fruits and vegetables. The agricultural industry is supported by favorable climatic conditions and government initiatives to boost productivity through irrigation, seeds development, and access to markets and credit.
India has the second largest amount of agricultural land globally at 179.9 million hectares. It produces a variety of crops due to diverse climatic conditions and soil types. Food grain production reached an all-time high of 259 million tonnes in FY12, with rice and wheat production at 105 and 95 million tonnes respectively. Growing population and incomes are driving demand for agricultural output. The government is undertaking various initiatives to boost production such as increasing irrigation, promoting mechanization, and providing support prices.
This document discusses the importance of agriculture in India. It defines agriculture as the cultivation of crops and plants for human use. Agriculture is the backbone of the Indian economy, providing employment, income to the government, foreign exchange earnings, and demand for other industries. However, Indian agriculture is also backward due to factors like population pressure on land, small farm sizes, lack of irrigation and infrastructure, and inadequate access to credit and technology. The document suggests various measures to improve agricultural production and productivity in India such as increasing agricultural equipment and infrastructure, providing better seeds and fertilizers, education/research, and reforming agricultural marketing and institutions.
Indian agriculture is one of the strong sectors of the Indian economy, contributing 14% to GDP and employing 58% of the population. Major crops include rice, wheat, oilseeds, cotton, jute, and tea. The Green Revolution in the 1960s increased agricultural production and exports through high-yielding varieties and increased fertilizer and irrigation. However, average yields remain low due to inadequate irrigation, illiteracy, and lack of technical development compared to other countries.
The document summarizes a fodder and feed development scheme for rural areas like Konnur village. It notes that 63% of the village population engages in farming and the main crops are paddy and red gram. Livestock rearing and fishing are secondary activities. The scheme aims to improve fodder availability by developing grasslands, distributing fodder seeds, assisting fodder block making units, and providing subsidies for hand driven chaff cutters. This would benefit the village's livestock farmers and improve soil quality.
Agriculture sector in India by Sangram PisatSangram Pisat
The economy of India lies in the agriculture sector of India. Employment factor in rural area depends on agriculture sector. Agriculture sector in India has such enormous power which can affect world economy.
This presentation contains overview, analysis and growth drivers of agriculture industry in India. It gives you the information regarding problems faced by Indian agriculture sector.
India is the second largest producer of agricultural products in the world. Some key points:
- India produces over 250 million tonnes of food grains annually, making it the largest producer of many crops like spices, pulses, milk, tea and the second largest producer of wheat, rice, fruits and vegetables.
- The agriculture sector is a major contributor to India's GDP and employs over half the country's population. However, farm incomes are growing slowly.
- The government has implemented several schemes to boost irrigation, increase crop yields and promote organic farming to achieve its goal of doubling farmer incomes by 2022.
- Major crops include rice, wheat, fruits and vegetables. Production of rice and wheat has been increasing over time
Agricultural economics combines technical agricultural aspects with business principles of management, marketing, and finance. It originally focused on maximizing crop and livestock yields while maintaining soil health but has expanded significantly. Agricultural economics studies optimal resource allocation for farmers and can be traced back to land economics. It remains an important part of India's economy, accounting for around 18% of GDP and providing livelihoods for many. However, Indian agriculture faces challenges including monsoon dependence, population pressure on land, and structural deficiencies.
The document discusses the current state and potential of Indian agriculture and rural marketing. It notes that India is a major global producer of tea, milk, cattle, sugarcane, fruits and vegetables, but yields remain low due to issues like low mechanization, heavy fertilizer use, and poor infrastructure. It outlines opportunities to improve efficiency through reducing waste, increasing processing, and developing the rural market through improved availability, affordability, acceptability and awareness of products. A three-tier model of "Food Marts", "Agri Marts" and "Kissan" centers is proposed to better serve rural communities.
Is indian agriculture a policy disaster?Nataraj Kp
The document discusses Indian agriculture and analyzes its problems and policies. It notes that while agriculture contributes significantly to India's GDP and employment, productivity is low due to small landholdings, lack of irrigation and technology, and poor policy implementation. The government has introduced several policies since independence, such as land reforms, credit expansion, and input subsidies. However, problems remain such as uneven climate, incomplete land reforms, lack of long-term planning, and underutilization of technology. Improving agricultural productivity in India requires better adoption of measures and fully implementing policies with a long-term perspective.
Agriculture Sector in India, Indian Agriculture IndustryBruce Clay India
Indian agriculture is on a long-term growth path. The country is the second-largest producer of food in the world and holds the potential of being the biggest on global food and agriculture canvas, according to a Corporate Catalyst India (CCI) survey.
The document analyzes India's agricultural sector. It notes that agriculture is the largest and most prominent sector in India's economy, accounting for 16.6% of GDP and employing 60% of the population. India is the second largest exporter of farm products and largest producer of many crops. Key movements that increased food production were the Green Revolution in the 1970s and Operation Flood, which made India the largest milk producer. The sector faces weaknesses like small landholdings and dependence on monsoons but also opportunities such as contract farming and information technology aiding growth.
The document provides information on India's agriculture sector. Some key points:
- India has the 2nd largest amount of agricultural land in the world at 157.35 million hectares. It also has diverse climatic conditions and soil types suitable for agriculture.
- Food grain production in India reached a record high of 273.83 million tonnes in FY2017. India is the largest producer of several crops like spices, pulses, milk and the 2nd largest producer of wheat and rice.
- The government has implemented several schemes to boost agriculture like Pradhan Mantri Krishi Sinchai Yojana for irrigation and Pradhan Mantri Fasal Bima Yojana for crop
This document provides an introduction and objectives of Indian agriculture. It discusses that agriculture remains the backbone of the Indian economy despite rapid growth in the non-agriculture sector. Key points include:
- Agriculture supports 17% of the world's population on 2.3% of land area and 4.2% of water resources.
- Average farm size has reduced while productivity remains lower than world average. Mechanization has increased over time utilizing various power sources to supplement human and animal power.
- Objectives are to increase agricultural productivity and meet future food demand projections through intensification and mechanization using appropriate eco-technologies.
- Mechanization indicators show India's level of mechanization has increased over time
The document provides information on India's agriculture sector. Some key points:
- India has the 2nd largest agricultural land area in the world at 157.35 million hectares. It is also the largest producer of many crops like spices, pulses, milk and tea.
- Total food grain production reached a record high of 252.68 million tonnes in FY2015 and 253.16 million tonnes in FY2016.
- The government has implemented several schemes to boost agriculture like Pradhan Mantri Krishi Sinchai Yojana for irrigation, Paramparagat Krishi Vikas Yojana for organic farming, and Pradhan Mantri Fasal Bima Y
The document provides information on Indian agriculture as of March 2017. It notes that India has the second largest agricultural land area in the world at 157.35 million hectares. Major points covered include:
- India is the largest producer of many crops like spices, pulses, milk and the second largest producer of wheat, rice, fruits and vegetables.
- Total food grain production reached a record high of 253.16 million tonnes in FY2016.
- The government has implemented various schemes to boost agriculture such as Pradhan Mantri Krishi Sinchai Yojana for irrigation and Pradhan Mantri Fasal Bima Yojana for crop insurance.
- The sector has grown at a
The document provides information on India's agriculture sector:
- India is the second largest agricultural land globally and the largest producer of many crops like spices, pulses, milk, tea and cashews.
- Food grain production reached a record high of 252.68 million tonnes in FY2015 and 253.16 million tonnes in FY2016.
- Schemes like Pradhan Mantri Krishi Sinchai Yojana are being implemented to boost irrigation and ensure water security.
India has the second largest agricultural land area in the world and is the largest producer of many agricultural crops. Agricultural production and exports from India have been growing steadily in recent years. Some key points:
- Food grain production reached a record 252.68 million tonnes in FY2015 and 253.16 million tonnes in FY2016.
- India is the largest producer of many crops including spices, pulses, milk, tea, cashews and jute.
- Fruit and vegetable production has also been increasing, with horticulture production growing at a CAGR of 4.91% between FY2005-2016.
- Agricultural exports have grown significantly in recent years, increasing from USD
India has the second largest amount of agricultural land in the world and produces a variety of crops. Food grain production reached a record high in 2015-2016. The government has implemented various schemes and policies to support the agricultural sector through increased investment, infrastructure development, and higher minimum support prices. These measures coupled with growing domestic and international demand are expected to further boost Indian agriculture.
- India has the 2nd largest amount of agricultural land in the world and favorable climatic conditions that allow for diverse crop production. It is the largest producer of many agricultural commodities.
- Government policies aim to increase food grain production, support farmers, expand irrigation infrastructure, and promote organic farming and exports. Schemes provide crop insurance, subsidies, and financial assistance.
- Opportunities exist in agricultural inputs, logistics, and farm management services due to limited arable land, growing population, and need for quality seeds and storage capacity expansion. Foreign investment and international partnerships further support the agricultural sector.
India has the second largest agricultural land area in the world and is one of the largest producers globally of many agricultural commodities. Some key points:
- India is the largest producer of many crops like spices, pulses, milk and second largest for wheat, rice, fruits and vegetables.
- Agricultural production has been increasing, with record food grain production of 275.68 million tonnes in FY2017.
- The agriculture sector is important for India's economy and employment, providing livelihood for around 58% of the population.
- Government schemes support agriculture growth through irrigation projects, insurance, and promotion of organic farming.
- India has the 2nd largest agricultural land area in the world and is one of the largest producers globally of many agricultural products such as spices, pulses, milk, tea, cashew and jute.
- The agriculture sector saw record food grain production in recent years and agricultural exports from India have grown significantly, reaching US$ 33.87 billion in FY2017.
- Private sector players have an increasing presence in food processing segments such as fruits/vegetables, milk/milk products, meat/poultry/marine products, and consumer foods.
The document provides an overview of India's agriculture and allied industries sector. Some key points:
1) India is a major global producer of various agricultural commodities like spices, pulses, milk, tea, cashew and jute, and is the second largest producer of wheat, rice, fruits and vegetables.
2) The sector saw growth of 3.0% in GVA in 2017-18 and production of food grains reached a record 284.83 million tonnes in 2017-18.
3) Agricultural exports from India have grown at a CAGR of 16.45% between FY10-18 to reach US$38.21 billion in FY18, with major exports including marine
India is a major producer and exporter of agricultural products globally. Some key points:
- India ranks among the top producers globally for many agricultural commodities like spices, pulses, milk, tea, cashew and jute.
- Agricultural exports from India have grown significantly at a CAGR of 16.45% from 2010-2018 to reach $38.21 billion in FY2018.
- Major agricultural exports include marine products, basmati rice, buffalo meat, spices, cotton, oil products and sugar. Marine product exports alone were $7.39 billion in FY2018.
- Government schemes aim to boost agricultural exports to $60 billion by 2022 and $100 billion
India is a major producer and exporter of agricultural products globally. Some key points:
- India ranks among the largest producers globally for many agricultural commodities like spices, pulses, milk, tea, and is the second largest producer of rice, wheat, fruits and vegetables.
- Agricultural exports from India have grown significantly over the past decade at a CAGR of 16.45% to reach $38.21 billion in FY2018.
- Major agricultural exports include marine products, basmati rice, buffalo meat which collectively accounted for over $15 billion in exports in FY2018.
- Production of many farm commodities has increased steadily, with rice and wheat production rising over 90%
India is a major producer and exporter of agricultural products globally. Some key points:
- India is the largest producer of many agricultural commodities like spices, pulses, milk, tea, and the second largest producer of wheat, rice, fruits and vegetables.
- Agricultural exports from India have grown at a CAGR of 16.45% over the past decade to reach US$38.21 billion in FY2018.
- The food processing industry in India contributes 32% to the food market and 13% to total exports. Major segments include oils and fats, dairy, rice and snacks. Processed food sales have increased significantly between 2013-2017.
- The government has taken initiatives like
The document provides an overview of India's agriculture and allied industries sector. Some key points:
- India is a major global producer of various agricultural commodities and has the largest livestock population.
- The food processing industry in India contributes significantly to the country's overall food market and exports. There has been rapid growth in production and sales of processed foods.
- Government schemes and policies aim to boost agricultural exports and farm incomes. Infrastructure development including expansion of cold storage capacity also supports the agriculture sector.
- India has the 2nd largest agricultural land area in the world and is one of the largest producers globally for many agricultural products like spices, pulses, milk, tea and cashews.
- Agricultural exports from India have grown significantly in recent years, reaching US$33.87 billion in FY2017. Rice, marine products, and buffalo meat are major export items.
- Food grain production in India reached a record high of 275.68 million tonnes in FY2017, with rice and wheat production also increasing steadily in recent years. Production of fruits and vegetables has also been growing.
- The agriculture sector in India is seeing increased mechanization, rising consumption expenditure, and various government initiatives to boost agricultural
India is a major producer and exporter of agricultural products globally. Some key points:
- India ranks among the world's largest producers for many agricultural commodities like spices, pulses, milk, tea, and is the second largest producer of rice, wheat, fruits and vegetables.
- Agricultural exports from India have grown significantly over the past decade, reaching US$38 billion in FY2018. Major exports include marine products, rice, buffalo meat, tea and coffee.
- Domestic production of food grains and horticulture crops has also increased steadily in recent years, with record production of rice, wheat and horticulture crops estimated in FY2018.
- The Indian government has implemented various
- India has the 10th largest amount of arable land in the world and produces many agricultural goods. It is the largest producer of many crops and second largest for others.
- Agricultural production has been increasing, with record production of food grains in 2017-18. Fruit and vegetable production is also rising steadily.
- There are two major seasons for agriculture in India - Kharif from April to September and Rabi from October to March. Production of staple crops like rice and wheat has been increasing.
- Agricultural exports from India have also been growing with the country among the top 15 exporters globally.
Agribusiness in India : Some facts and emerging issuesMD SALMAN ANJUM
This document provides an overview of agribusiness in India from 2007-2017. It discusses the definition and components of agribusiness, including production, processing, marketing, and trade. It outlines the size and growth of the agribusiness sector in India, noting that it was worth Rs. 11.43 trillion in total by 2017. The document also examines the food processing industry, agricultural production trends, and various initiatives and policies by the Indian government to support agribusiness during this period.
India has the 10th largest arable land in the world and is one of the largest producers of agricultural products globally. The agriculture sector saw growth of 3% in 2017-18 and food grain production reached a record 279.51 million tonnes. Private consumption expenditure is also growing and expected to reach $3.6 trillion by 2020. The food processing industry in India is large and growing, with processed food sales increasing significantly across categories like oils, dairy and snacks. Exports of agricultural and processed foods have also been rising steadily over the past decade.
This document discusses strategies to double farmers' income in India by 2022 as envisioned by Prime Minister Modi. It outlines sources of growth in farm income from increased productivity, crop diversification, and shifting workers to non-farm jobs. Key strategies proposed include expanding irrigation, providing quality seeds and nutrients, investing in infrastructure like warehouses, promoting food processing and national markets, and crop insurance schemes. Overall the goal is to improve productivity and market access for farmers through various agricultural reforms and investments.
India holds the second largest agricultural land (179.9 million hectares) in the world. India is the largest producer of pulses, milk, tea, cashew and jute; and the second largest producer of wheat, rice, fruits and vegetables, sugarcane, cotton and oilseeds. Total food grains production in India reached an all-time high of 259.32 million tonnes (MT) in FY12. Rice and wheat production in the country stood at 105.3 MT and 94.9 MT respectively.
Gross Domestic Product (GDP) of agriculture and allied sectors in India reached US$ 151.8 billion in FY12. India is among the 10 leading exporters of agricultural products in the world; the country accounted for 2.07 per cent of global agricultural trade in 2012. Total agricultural exports from India registered 24.1 per cent compound annual growth rate (CAGR) to reach US$ 39 billion during FY07-12.
Domestic demand for agricultural and allied products has not only been rising due to rising population, but also as a result of greater consumption by a wealthier population. Indian agriculture has also benefitted from rising external demand and the sector’s wider participation in the global economy.
The Government of India has launched National Food Security Mission (NFSM) to increase production of rice, wheat and pulses. It has also implemented schemes like Rashtriya Krishi Vikas Yojana (RKVY) which incentivises states to increase private investment in agriculture and allied sectors
Similar to Agriculture Sector Report June 2017 (20)
Tamil Nadu has a strong and growing economy, as evidenced by its GSDP which grew at a CAGR of 11.46% between 2011-12 and 2018-19, reaching Rs. 16.06 trillion (US$ 222.58 billion) in 2018-19. The state has a diversified industrial base and thriving services sector, especially in IT/ITeS. It also has robust infrastructure including roads, ports, airports, and an emphasis on further infrastructure development. With various initiatives like Vision 2023, Tamil Nadu aims to boost its economy and attract significant domestic and foreign investments over the coming years.
India has become the second largest steel producer in the world in 2018. Steel production and capacity in India have grown rapidly over the past decade, with capacity reaching 137.98 million tonnes in 2017-18. Consumption has also increased steadily, driven by growth in infrastructure, automotive, and other sectors. The government has implemented policies like the National Steel Policy to encourage further capacity growth to 300 million tonnes by 2030-31. Low per capita consumption compared to other countries also provides significant potential for further demand growth.
The document provides an overview of India's services sector, including:
1) The services sector contributes over 50% of India's GDP and grew at 12.75% in 2018-19, demonstrating its importance as the key driver of India's economic growth.
2) India has a large skilled workforce and is a global outsourcing hub, commanding a 55% share of the global sourcing market, which has helped establish the country as a leading provider of technology and digital services.
3) The government is working to further develop the services sector through initiatives like 'Startup India' and reforms that make India an attractive investment destination for both domestic and foreign investors.
The document provides an overview of the real estate sector in India. It discusses that the real estate sector is expected to reach $1 trillion by 2030 and contribute 13% of India's GDP by 2025. Rapid urbanization is driving demand for residential and commercial real estate space. The residential segment contributes around 80% of the sector currently. Government policies like Housing for All and Smart Cities are further boosting growth.
Rajasthan has experienced strong economic growth in recent years. Between 2011-12 and 2018-19, the state's Gross State Domestic Product grew at a compound annual growth rate of 11.37% to reach $128.1 billion. The tourism industry in Rajasthan is thriving, with over 47.5 million tourist arrivals in 2017, and the state is a leading producer of agro-based products. Rajasthan also has immense potential for renewable energy generation from solar and wind sources.
Indian Railways is the third largest rail network in the world by size. It saw strong revenue growth over the past decade, with freight accounting for over 65% of revenues in FY19. Freight and passenger traffic have both increased steadily in recent years. Various modernization initiatives are underway to upgrade infrastructure and technology. Private sector participation is being encouraged to augment rail connectivity and capacity.
India has the third largest installed power capacity in the world at 356.10 GW as of March 2019. It is the third largest producer and consumer of electricity globally. India has achieved 100% household electrification and aims to increase renewable energy capacity to 175 GW by 2022. Thermal energy accounts for over 63% of total installed capacity, while renewable sources account for 21.8%. The power sector in India is growing rapidly and offers many opportunities for investment and development.
Nagaland has a Gross State Domestic Product (GSDP) of around 0.24 trillion Indian rupees in 2017-18, growing at a CAGR of 11.83% between 2011-12 and 2017-19. The per capita GSDP in 2017-18 was 113,549 rupees, growing at a CAGR of 10.66% in the same period. Nagaland's Net State Domestic Product (NSDP) in 2016-17 was 0.19 trillion rupees, growing at 15.72% between 2011-12 and 2016-17. The per capita NSDP in 2016-17 was 90,168 rupees, growing at 12.
Meghalaya has the highest rainfall in India and diverse soil types that support agriculture. The state has strong potential in floriculture, bamboo processing, and medicinal plants due to its biodiversity. Meghalaya also has large hydroelectric power potential and abundant mineral resources. The state aims to promote industries like agro-processing, horticulture, minerals and tourism to create opportunities for its population.
- The Indian infrastructure sector is experiencing significant growth due to rising government investments and initiatives such as allocating Rs 4.56 lakh crore for infrastructure in the FY 2019-20 budget.
- Private sector participation is increasing across segments like roads, power and airports. Infrastructure sectors like power transmission and renewable energy will drive future investments.
- Improving connectivity through initiatives like Bharatmala Pariyojana and Sagarmala will boost infrastructure growth. 100% villages connectivity through roads is expected by 2019 under PMGSY.
The document provides an overview of the media and entertainment industry in India. Some of the key points from the document are:
- The Indian media and entertainment industry is growing rapidly at a CAGR of 12-13% and is expected to reach Rs. 3.73 lakh crore by 2022.
- Television is the largest segment with a market size of Rs. 740 billion in 2018, expected to reach Rs. 955 billion by 2021. Digital media, animation and VFX, and online gaming are among the fastest growing segments.
- Advantages for the industry in India include rising incomes, evolving lifestyles, a large young population, increasing digitization, and government support through
- The manufacturing sector is a major employer in India and aims to provide 25% of GDP and 100 million new jobs by 2022. It has grown at a CAGR of 4% between FY12-19 and contributes significantly to India's exports.
- The document discusses India's advantage in manufacturing including a large domestic market, favorable demographics, and government initiatives like Make in India. Key sub-sectors, growth drivers and the evolution of the sector are also outlined.
- Recent trends show growth in production, IIP, capacity utilization and exports, indicating the sector is expanding. The government has implemented various policies to develop manufacturing and make India a global hub.
Manipur has a flourishing bamboo processing industry as it is one of India's largest bamboo producing states. It also has a strong handicrafts industry, being home to the highest number of handicraft units and artisans in North East India. Handlooms is the largest cottage industry in Manipur. The state has strong potential for border trade opportunities through Moreh town, which is India's only land route for trade with Myanmar and Southeast Asia. Manipur is also home to the Ema Bazaar, one of India's largest markets run exclusively by women. Due to its natural beauty and biodiversity, Manipur is a popular tourist destination known as the "Switzerland of the East".
The document provides an overview of the economy of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has a strong economic growth rate, with its GSDP reaching Rs. 1.52 trillion (US$21.04 billion) in 2018-19 growing at 11.09% annually.
- The state has a diverse economy with key sectors being tourism, agriculture, and hydroelectric power. Agricultural production and tourism visitor numbers are increasing.
- Himachal Pradesh has a large hydroelectric power potential and is becoming a major hub for hydroelectricity in India, though only around 40% of its potential has been harnessed so far.
Gujarat has experienced high economic growth rates in recent years.
- Gujarat's GSDP grew at a CAGR of 13.55% from 2011-12 to 2016-17, reaching Rs. 11.62 trillion (US$ 173.24 billion) in 2016-17.
- The state's per capita GSDP increased from Rs. 101,075 (US$ 2,108) in 2011-12 to Rs. 178,043 (US$ 2,654) in 2016-17, registering a CAGR of 11.99%.
The document provides an overview of India's gems and jewellery sector. Some key points:
- India is a major player in global gems and jewellery trade, contributing about 7% to India's GDP and employing over 4.6 million people.
- India is the world's largest cut and polished diamond exporter, exporting over 75% of global polished diamonds. It also processes over $23 billion worth of diamonds annually.
- Exports of cut and polished diamonds and gold jewellery have registered steady growth in recent years. Imports have also increased at a CAGR of nearly 8% between 2004-2018.
- The sector is adopting strategies like expanding retail networks, providing financing options
The engineering and capital goods industry in India is growing rapidly. The turnover of the capital goods industry reached $70 billion in 2017 and is forecasted to reach $115.17 billion by 2025. Electrical equipment production is also growing and is expected to reach $100 billion by 2022, up from $27.3 billion in 2017-18. The engineering research and design segment is also expanding, with revenues projected to increase from $28 billion in FY18 to $42 billion in FY22. Growth is being driven by increasing industrialization, infrastructure development, and capacity expansion across various core sectors in India.
Major e-commerce players in India have adopted strategies like expanding into new categories like groceries and used goods, acquiring analytics startups to improve pricing and positioning, and launching ancillary services like payments, logistics and video streaming. They have also introduced subscription models and personalized experiences to provide extra benefits and tailor their offerings to individual customer needs and interests.
Delhi has experienced strong economic growth, with its gross state domestic product increasing at a compound annual growth rate of 12.41% between 2011-12 and 2018-19. The real estate sector has been an important contributor to the state's economy. Delhi also has a growing tourism industry, owing to its historical and cultural attractions. The state government is working to improve infrastructure and implement policies to facilitate industrial development and attract investment across various sectors.
Chhattisgarh has a strong mineral production base and is a leading producer of coal and iron ore in India. It is the only state that produces tin concentrates. The state has emerged as a preferred investment destination and has witnessed strong growth in the agriculture sector. Key sectors driving growth include minerals, power, agriculture and tourism. Chhattisgarh aims to further develop its infrastructure, promote industries and boost skill development to achieve its vision of becoming an industrialized state.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
Understanding how timely GST payments influence a lender's decision to approve loans, this topic explores the correlation between GST compliance and creditworthiness. It highlights how consistent GST payments can enhance a business's financial credibility, potentially leading to higher chances of loan approval.
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1. DECEMBER 2015 11JUNE 2017
AGRICULTURE
For updated information, please visit www.ibef.orgJUNE 2017 (As of 16 June 2017)
2. DECEMBER 2015 22JUNE 2017 For updated information, please visit www.ibef.org
❖ Executive Summary……………….….……3
❖ Advantage India…………………..….……. 4
❖ Market Overview and Trends………..…….6
❖ Growth Drivers…………….…….…..…….18
❖ Opportunities…………….…………...……35
❖ Success Stories ………….…………….....42
❖ Useful Information……….……….......….. 45
AGRICULTURE
JUNE 2017
3. DECEMBER 2015 33JUNE 2017 For updated information, please visit www.ibef.org
EXECUTIVE SUMMARY
2nd largest
agricultural land
• At 157.35 million hectares, India holds the 2nd largest agricultural land in the world
Favourable climatic
conditions
• With 20 agri-climatic regions, all 15 major climates in the world exist in India. The country also
possesses 46 of the 60 soil types in the world
Record production of
food grains
• In FY2016, total food grain production in India was recorded at 253.16 million tonnes, which
increased to 273.83 million tonnes in FY17.
Largest producer of
major agricultural and
horticulture crops
• India is the largest producer of spices, pulses, milk, tea, cashew & jute; & the 2nd largest
producer of wheat, rice, fruits & vegetables, sugarcane, cotton & oilseeds
Source: Ministry of Agriculture, Government of India, TechSci Research
Increasing farm
mechanisation
• India is one of the largest manufacturers of farm equipment such as tractors, harvesters &
tillers. India accounts for nearly one-third of the overall tractor production, globally, with the
tractor production in the country estimated to increase from 0.57 million units in FY16 & reach
to 16 million units by 2030.
AGRICULTURE
5. DECEMBER 2015 55JUNE 2017
Growing demand
For updated information, please visit www.ibef.org
ADVANTAGE INDIA
Source: Ministry of Agriculture,
World Bank, FAOSTAT, TechSci Research
FY2017
Food grain
production:
273.83
million
tonnes
2020-21
Food grain
production:
280.6
million
tonnes
Advantage
India
AGRICULTURE
Attractive opportunities
• Increasing demand for agricultural inputs
such as hybrid seeds & fertilizers.
• Promising opportunities in storage facilities;
potential storage capacity expansion of 35
million tonnes under the 12th Five Year Plan
• The government plans to reduce the import
duty on wheat from 10 per cent to 0 per
cent, in order to boost the domestic
availability of wheat in the country.
Policy support
• Schemes like Paramparagat Krishi Vikas
Yojana (PKVY) helps in developing organic
clusters & make available chemical free inputs
to farmers.
• Other steps include Pradhanmantri Gram
Sinchai Yojana that ensures improved access
to irrigation; creation of an unified national
agricultural market which would help boost the
incomes of farmers
• 100 per cent FDI under automatic route for
development of seeds
Competitive advantages
• High proportion of agricultural land
(157 million hectares)
• Leading producer of spices, jute,
pulses; 2nd largest producer of wheat,
paddy, fruits & vegetables
Robust demand
• A large population is the key driver of
demand for agricultural products
• Rising urban & rural incomes have
also aided demand growth
• External demand has also been
growing especially from key markets
like the Middle East
7. DECEMBER 2015 77JUNE 2017 For updated information, please visit www.ibef.org
EVOLUTION OF AGRICULTURE IN INDIA
Source: Ministry of External Affairs, RBI, Ministry of Agriculture, TechSci Research
Notes: MT - Metric Tonnes, P. A. - Per Annum
• Stagnation in
agriculture
• Low growth in crop &
grain production (0.4
and 0.1 per cent p.a.)
• Food grain production
of 59.2 MT in 1952–
53, with a yield of
579.8 kg/ha
• Pioneering work of
agricultural scientists &
efforts of farmers led to
Green Revolution
• High Yield Variety
(HYV) of seeds,
increased use of
fertilizers and irrigation
resulted in a significant
spike in production
• Attained food security
& reduced import of
food grains
• Expanding cereal
production
• Economic reforms
introduced; greater
encouragement to
exports
• Surplus of production of
agricultural commodities
over domestic demand
• India emerges as a net
exporter of agricultural
products
• Increase in population &
strong income growth
• 50 per cent increase in seed subsidy
• Additional financial assistance for
horticulture crops
• Schemes like Pradhan Mantri Krishi
Sinchai Yojana that accords high priority to
water security
• Creation of Price Stabilization Fund (PSF)
by the Department of Agriculture &
Cooperation as a price control measure to
dampen the impact on consumers
• Allocation of USD830 million for the
development of micro irrigation, watershed
& Pradhan Mantri Krishi Sinchai Yojana
• The Indian agricultural services &
agricultural machinery have cumulatively
attracted USD2,369.92 million from April
2000 to March 2017
1950s
1960-80
1980-2000
2000 onwards
AGRICULTURE
8. DECEMBER 2015 88JUNE 2017 For updated information, please visit www.ibef.org
SCHEMES INITIATED BY THE GOVERNMENT
Pradhan Mantri Krishi Sinchayee Yojana
(PMKSY)
• Under the scheme, allocation of USD7.64 billion
has been made for investment in irrigation,
expanding cultivable area, improve efficiency of
on-farm water to reduce wastage, enhance
adoption of precision irrigation, etc.
• Governments of, majorly, all the states are funding
agriculture sector & taking appropriate measures
to achieve the targeted growth rate & address the
issues being faced by farmers.
Paramparagat Krishi Vikas Yojana
(PKVY)
• This scheme ensures the promotion of organic
farming
• Adoption of farming will promote the balanced use
of chemical fertilizers & enhance the quality of
farm produce
Agricultural Technology Management
Agency (ATMA)
• This technique facilitates retrieval of data & data
entry from the internet based web portals without
actually having internet by using a simple mobile
phone.
• More than a dozen of services of innovative
technology like USSD are being operationalized
for farmers and other stakeholders.
Pradhan Mantri Fasal Bima Yojana
(PMFBY)
• In 2016, Central Government launched PM
Mantri Fasal Bima Yojana for providing financial
support to farmers & cover their crop losses. The
scheme covers rabi, kharif crops as well as
annual horticultural & commercial crops
• PMFBY is a crop insurance policy & premium
payable on the principle amount to the farmers.
AGRICULTURE
Source: Deptt. of Agriculture and Cooperation, Ministry
of Agriculture, FAOSTAT, TechSci Research
9. DECEMBER 2015 99JUNE 2017 For updated information, please visit www.ibef.org
GROWTH IN AGRICULTURE … (1/2)
GDP of agriculture & allied sectors in India was
recorded at USD244.74 billion in FY16
According to the advanced estimates of MOSPI,
agriculture and allied sector recorded a CAGR rise of
6.64 per cent during FY07-16
Agriculture is the primary source of livelihood for
about 58 per cent of India’s population
GDP by value added – size of agriculture and allied
activities (USD billion)
Source: Ministry of Agriculture, Print Release, RBI, TechSci Research
Notes: GDP – Gross Domestic Product,
MOSPI – Ministry of Statistics and Programme Implementation
FY16 – Advance Estimates
AGRICULTURE
137.17
162.67
141.77 139.39
157.35 160.80
140.77 132.71
259.23
244.74
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
10. DECEMBER 2015 1010JUNE 2017 For updated information, please visit www.ibef.org
Gross Capital Formation in agriculture and allied
activities (USD billion)
As per Union Budget 2016-17, the major focus would be on
doubling farmers income by 2022. Other than that, the
government would increase expenditure in farm & rural
sector, infrastructure sector, social sector & also work on
employment generation.
To establish a Long Term Irrigation Fund, under NABARD,
an initial collection of nearly USD3.06 billion has been
planned in Union Budget 2016-17. A multilateral funding of
around USD0.92 billion to execute various programmes
related to sustainable management of ground water
resources.
As per Union Budget 2017-18, allocation of USD148.74
billion was made for agriculture sector & welfare of farmers.
Also the provision of USD0.84 billion made for PMFBY
under the same budget
Source: Ministry of Agriculture, TechSci Research
Note: RKVY is a central government scheme providing funds to state
governments to spend on agriculture
NABARD - National Bank for Agriculture and Rural Development
PMGSY – Pradhan Mantri Gram Sadak Yojana
PMFBY - Pradhan Mantri Fasal Bima Yojana
AGRICULTURE
GROWTH IN AGRICULTURE … (2/2)
CAGR: 8.6%
20.40
26.30 27.60 28.10 29.10
40.82
37.67
41.22
38.15
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15
11. DECEMBER 2015 1111JUNE 2017 For updated information, please visit www.ibef.org
Production of food grains (million tonnes)
in Kharif and Rabi seasons
Source: Finance Ministry, Ministry of Agriculture, TechSci Research
1 - Data is 2nd Advance Estimate
There are 2 major agricultural seasons in India: Kharif & Rabi
Kharif season lasts from April to September (summer); rice
(paddy) is the season’s main crop
Rabi season lasts from October to March (winter); wheat is the
season’s main crop
According to the Ministry of Agriculture, total food grain
production in the country in February 2017, stood at around
271.98 million tonnes.
India imported 2.7 million tonnes of wheat in FY 17 (till January
16, 2017) & an additional 1.2 million tonnes are to be imported
by February 2017
In March 2017, of 64.5 million hectares of agriculture land, the
government insured 19 million hectares during the rabi
season, to benefit 16.4 million farmers, under the Pradhan
Mantri Fasal Bima Yojana (PMFBY) programme. The total
amount for insurance for rabi crops is USD10.16 billion.
AGRICULTURE
MAJOR SEASONS: KHARIF AND RABI … (1/2)
1
110
116
114
124
128
124
128
126.38
126.47
134.47
121
118
104
121
131
132
129
126.31
125.09
137.51
FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
Rabi Kharif
12. DECEMBER 2015 1212JUNE 2017 For updated information, please visit www.ibef.org
Area Sown in FY17 (lakh hectares)
Rabi Kharif
Source: Ministry of Finance, Ministry of Agriculture, TechSci Research
AGRICULTURE
MAJOR SEASONS: KHARIF AND RABI … (2/2)
Area Sown in FY17 (lakh hectares)
3.08%
8.95%
13.04%
25.09%
49.84%
Rice
Coarse Cereals
Oilseeds
Pulses
Wheat
6.06%
6.07%
7.55%
13.36%
13.39%
15.99%
37.58%
Oilseeds
Jute & Mesta
Pulses
Coarse Cereals
Rice
Cotton
Sugarcane
13. DECEMBER 2015 1313JUNE 2017 For updated information, please visit www.ibef.org
PRODUCTION OF RICE AND WHEAT ON THE RISE
Production and yield of wheat and rice
Source: Ministry of Agriculture, TechSci Research
1 - 2nd Advance Estimates
Since 2010, production as well as yield of both major crops -
rice and wheat has increased significantly.
During 2013-14, production of wheat & rice in the country
reached an all-time high, with the production of rice & wheat
being recorded at 106.29 million tonnes & 95.85 million tonnes,
respectively.
However, in FY16, production of rice stood at 103.61 million
tonnes, whereas, production of wheat stood at 93.82 million
tonnes.
Ministry of Agriculture is targeting to achieve 270 million tonnes
production of food grains, during
(July-June) 2016-17.
Backed by robust output of wheat, rice & pulses due to a heavy
rainfall in 2016, the country’s foodgrain production increased by
8.7 per cent to a record high 273.83 million tonnes in 2016-17
AGRICULTURE
78.6
80.7
80.8
86.9
94.9
93.51
95.85
88.94
93.82
96.7
99.2
89.1
96
105.3
105.2
106.29
104.8
103.61
0
0.5
1
1.5
2
2.5
3
3.5
0
20
40
60
80
100
120
FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16*
Production of Wheat (million tonnes)
Production of Rice (million tonnes)
Yield of Wheat (tonnes/hectare)
Yield of Rice (tonnes/hectare)
1
14. DECEMBER 2015 1414JUNE 2017 For updated information, please visit www.ibef.org
FRUIT AND VEGETABLE PRODUCTION CONTINUES TO INCREASE
Indian horticulture area and production
Source: National Horticulture Board, Assorted Articles, FAO Stat, TechSci Research
Note: 1 - CAGR Mentioned is for Production
2 – As per 3rd Advance Estimates
India ranks 2nd in global production of fruits & vegetables & is a leading exporter of mangoes & bananas. The country also exports
grapes in a large quantity across the world.
National Horticulture Mission, National Horticulture Board, Technology Mission for Integrated Development of Horticulture in
North-East are some of the initiatives taken by the Government of India to boost the horticulture sector of the country
The National Horticulture Board has launched a new capital investment subsidy scheme for construction & expansion of cold
storages & storages of horticulture products
During FY05-16, horticulture production in India grew at a CAGR of 4.92 per cent.
AGRICULTURE
2
FY16
166.9
182.8
191.8
211.2
214.7
223.1
240.5
257.3
268.8
277.3
280.5
283.36
0.0
5.0
10.0
15.0
20.0
25.0
30.0
0.0
50.0
100.0
150.0
200.0
250.0
300.0
FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15
Production (million tonnes) Area (million hectares)
15. DECEMBER 2015 1515JUNE 2017 For updated information, please visit www.ibef.org
SURGE IN DEMAND OF INDIAN AGRICULTURAL PRODUCTS … (1/2)
Agricultural exports from India (USD billion)
Source: Ministry of Commerce, World Trade Organisation,
Indian Budget 2016, TechSci Research
Notes: CAGR - Compound Annual Growth Rate
1 - Data is for April – January 2017
India is among the 15 leading exporters of
agricultural products in the world
Total agricultural exports from India grew at a
CAGR of 19 per cent over FY10-16 to reach
USD32.08 billion in FY16
The contribution of agriculture to total export was
12.47 per cent in FY15 & 12.28 per cent in FY16
In FY17 (April–January 2017), agricultural exports
from India stood at USD12.84 billion
AGRICULTURE
CAGR: 19%
1
11.3
15.6
24.7
29.2 29.6
38.7
32.08
12.84
FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
16. DECEMBER 2015 1616JUNE 2017 For updated information, please visit www.ibef.org
SURGE IN DEMAND OF INDIA AGRICULTURAL PRODUCTS … (2/2)
Key agricultural and allied sector exports
from India in 2016-172 (USD billion)
Source: Ministry of Agriculture, APEDA, TechSci Research
1 - Data is for April 2015 – February 2016
2 –Data is for April – September 2016
India exported Basmati rice worth USD1.62 billion during FY17 (Till September 2016)
Marine Products, Buffalo Meat are the next largest export items in terms of value; they accounted for 26.8 per cent & 5.76
per cent, respectively, of total agricultural exports in 2016-172
Guargum meal emerged as major export commodity; the value of exports rose at a CAGR of 6.88 per cent over FY10 -16
Total agricultural exports from India increased to USD31.76 billion in FY16
Exports of guargum meal
AGRICULTURE
1.62
0.16
2.77
0.20
0.64
1.83
0.32
0
0.5
1
1.5
2
2.5
3
Rice
GuargumMeal
MarineProducts
OilMeals
Sugar
BuffaloMeat
CashewNut
2
239
615
3489
39
1970
1550
481
179
218
403
707
405
602
665
325
164
FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
Value (USD Million) Quantity (Thousand Tonnes)
17. DECEMBER 2015 1717JUNE 2017 For updated information, please visit www.ibef.org
KEY AGRICULTURAL STATES AND THEIR CONTRIBUTIONS
Source: Department of Agriculture & Cooperation,
Notes: All figures as of 2015,
1 - Projected for 2016- 17
AGRICULTURE
Karnataka – largest
producer of Sunflower
seed, Maize, Ragi, Coffee
& Cardamom
West Bengal – largest
producer of rice
(15.80 million tonnes)
Uttar Pradesh – largest
producer of wheat
(30.00 million tonnes)
Gujarat – largest
producer of cotton
(1.62 million tonnes1)
Madhya Pradesh – largest
producer of soyabean,
pulses, Linseed
Punjab & Haryana were the key
states of green revolution. Punjab
is one of the largest producers of
food grains
Assam - largest producer
of tea
Maharashtra – largest
producer of Jowar,
Tobacco & Safflower
19. DECEMBER 2015 1919JUNE 2017
GROWTH DRIVERS OF INDIAN AGRICULTURE
For updated information, please visit www.ibef.org
Growth
drivers
Demand-side
drivers
Policy
support
Supply-side
drivers
• Hybrid & genetically modified
seeds
• Mechanisation
• Irrigational facilities
• Green Revolution in Eastern India
• Growing institutional credit
• Increasing MSP
• Introduction of new schemes
like Paramparagat Krishi
Vikas Yojana, Pradhanmantri
Gram Sinchai Yojana, Sansad
Adarsh Gram Yojana
• Opening up of exports of
wheat & rice
• Population & income growth
• Increasing exports
• Favourable demographics
AGRICULTURE
Note: MSP - Minimum Support Price
20. DECEMBER 2015 2020JUNE 2017 For updated information, please visit www.ibef.org
A LARGE POPULATION ENSURES HIGH DEMAND FOR AGRICULTURAL PRODUCTS
Population of India (million)
Source: Census of India 2011, World Population Statistics,
TechSci Research
India, the 2nd most populated country in the world, has
to meet food consumption needs of over 1,280 million
people
In FY2016, India’s population stood at around 1.29
billion.
Population is a key demand driver of agricultural growth
in the country
India’s population is expected to reach 1.39 billion by
FY21
AGRICULTURE
696
864.25
1048
1210.98
1227.19
1243.34
1259.7
1282.39
1293.06
1390.00
FY81 FY91 FY01 FY11 FY12 FY13 FY14 FY15 FY16 FY21
21. DECEMBER 2015 2121JUNE 2017
650.0
746.0
849.0
714.9
793.6 811.6
715.4
662.0
1193.7 1182.9
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
For updated information, please visit www.ibef.org
INCOME GROWTH ALSO DRIVING AGRICULTURE DEMAND
Per capita income at factor cost (USD)
Source: Central Statistical Organisation, TechSci Research
Domestic demand for agricultural & allied products has not
only been rising due to rising population, but also as a result
of greater consumption by a wealthier population.
Over FY07-16, India’s per capita income increased at a
CAGR of 6.88 per cent & reached to USD1182.9
Consumption expenditure in India is likely to reach USD3.6
trillion by 2020, up from an estimated USD0.2 trillion in
FY16
Indian agriculture has also benefitted from rising external
demand & the sector’s wider participation in the global
economy
AGRICULTURE
CAGR: 6.88%
22. DECEMBER 2015 2222JUNE 2017 For update information, please visit www.ibef.org
GROWING AREA UNDER IRRIGATION … (1/2)
The Government of India has launched a new scheme, Pradhan Mantri Krishi Sinchai Yojana, that provides end–to–end
solutions in irrigation supply chain & focuses on creating sources of assured irrigation, per drop more crop & harnessing
rain water at micro - level through Jal – Sanchay & Jal - Sinchan
The 2 major lift irrigation projects in Kohlapur; Tembhu & Takari Mhaisal-have received USD19 million & USD15 million
by the Union Government
In September 2016, allocation of USD3.06 billion was made, under NABARD, to establish a Long Term Irrigation Fund
23 irrigation projects under Accelerated Irrigation Benefit Program (AIBP) would be fast tracked for completion before
March 2017
In February 2017, Government of West Bengal brought an additional 3 lakhs acres of agricultural land with an aim to
ensure welfare of farmers, under its irrigation programme. With no shortage of water supply, rabi & boro crops will be
cultivated on that area.
In April 2017, the central government launched water conservation & irrigation projects in drought-prone regions of
Maharashtra, Odisha & Madhya Pradesh, with an aim to increase the area of irrigated land. With the help of concerned
state governments, the central government will also renovate, repair & restore water bodies in these states.
AGRICULTURE
23. DECEMBER 2015 2323JUNE 2017 For updated information, please visit www.ibef.org
GROWING AREA UNDER IRRIGATION … (2/2)
Gross irrigated area under food grains
(‘000 hectares)
Source: Food and Agricultural Organization US,
Ministry of Agriculture, TechSci Research
Gross irrigated area under food grains is estimated to have
grown to 61.632 million hectares in FY13
Of the wide variety of crops in India, rice & wheat are the
most irrigated
With growing investments in irrigation, the dependence on
monsoons has declined considerably over the years
As per Union Budget FY17, the government has planned to
bring 28.5 lakh hectares of land under irrigation for using
water optimally, under Pradhan Mantri Krishi Sinchayee
Yojana (PMKSY)
AGRICULTURE
54715
56489
58550
59512
60415
58122
61065
61612 61632
FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13
24. DECEMBER 2015 2424JUNE 2017 For updated information, please visit www.ibef.org
INCREASING MECHANISATION OF FARMING … (1/2)
Number of tractors sold
Source: Department of Agriculture and Cooperation,
State of Indian Agriculture 2013-14, ICRA,
A report on ‘Farm Mechanization in India’, TechSci Research
Mechanisation helps in raising farm income by increasing
productivity & limiting post-harvest losses.
Government of India is focussing on increasing its reach of
farm mechanisation to the regions where availability of farm
power is low & to small & marginal farmers.
Allocation of USD223 million was made for the
establishment of Farm Machinery Banks & distribution of
farm machinery & tools to farmers in various states in FY16.
The sale of tractors increased from 0.35 million units in
FY07 to 0.57 million units in FY16, witnessing growth at a
CAGR of 5.5 per cent.
AGRICULTURE
CAGR: 5.5%
352835
300000
342836
393836
544428
608577
591498
697675
626839
571249
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
25. DECEMBER 2015 2525JUNE 2017
24791 26135
35294
38794
55000
60000
25000
56000
46000
48882
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
For updated information, please visit www.ibef.org
INCREASING MECHANISATION OF FARMING … (2/2)
Number of tillers sold
Source: Department of Agriculture and Cooperation,
A report on ‘Indian Tractor Industry’ by ICRA, TechSci Research
DAC - Dept. of Agriculture and Cooperation
Sale of tillers increased at a CAGR of 7.8 per cent to 48,882
units over FY07-16
The government has set up a number of Farm Machinery
Training & Testing Institutes to train farmers on the
operation & maintenance of agricultural equipment
DAC proposes to initiate National Mission on Agricultural
Mechanisation (NMAM) to spread the benefits of
mechanisation among all levels of farmers especially small
& marginal ones
AGRICULTURE
CAGR: 7.8%
26. DECEMBER 2015 2626JUNE 2017 For updated information, please visit www.ibef.org
GROWING YIELD AND USE OF QUALITY SEEDS … (1/2)
Production of seeds (‘000 tonnes)
Source: Ministry of Agriculture, TechSci Research
In FY17, production of foundation seeds reached
220,907 tonnes from 85,254 tonnes in FY08.
There has been strong growth in the use of hybrid
seeds due to their high yield and resistance.
Usage of hybrid seeds has been more prevalent in cash
crops than food crops.
In FY17, production of certified seeds increased to 3.8
million tonnes from 1.9 million tonnes in FY08.
AGRICULTURE
85.25
96.27
114.64
180.64
222.68
161.70
174.31
157.62
149.54
220.91
1943.10
2503.50
2797.20
3213.59
3536.20
3285.80
3473.13
3517.66
3435.25
3802.90
0
2
4
6
8
10
12
14
0
500
1000
1500
2000
2500
3000
3500
4000
FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
Foundation
Seed
Certified /
Quality seed
Breeder Seed
(Production)
27. DECEMBER 2015 2727JUNE 2017
1756
1860 1909
1798
1930
2078 2125 2101 2070 2056
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
For updated information, please visit www.ibef.org
Food grain yields (kg/hectare)
Source: A report by Fertilizer Association of India,
Ministry of Agriculture, RBI, TechSci Research
Usage of hybrid seeds has boosted the yield of food
grains to 2,056 kg/ hectare in FY16 from 1,756 kg/
hectare in FY07
The government has been playing a proactive role in
promoting greater use of hybrid seeds; it encourages
private seed companies by providing a subsidy of 25
per cent of the capital cost subject to a maximum of
USD50,000 per unit
The government of India has targeted production of
270.1 million tonnes (MT) of food grains for FY17
AGRICULTURE
GROWING YIELD AND USE OF QUALITY SEEDS … (2/2)
28. DECEMBER 2015 2828JUNE 2017 For updated information, please visit www.ibef.org
INSTITUTIONAL CREDIT TO AGRICULTURE ON A RISE
Institutional credit to agriculture (USD billion)
Source: Ministry of Agriculture, RBI,
National Sample Survey Organisation (NSSO), TechSci Research
*: Provisional
Institutional credit to the agriculture sector increased at
a CAGR of 3.89 per cent during FY07–16*
Farmers are allowed to avail crop loans at an interest of
7 per cent
In FY16*, institutional credit to the agricultural sector
was USD89.94 billion from Commercial Banks,
USD22.80 billion from Cooperative Banks and
USD17.74 billion from Regional Rural Banks.
AGRICULTURE
73.76
89.94
99.24
120.54
145.86
157.26
159.27
168.88
89.90
89.94
18.82
23.97
19.92
26.78
30.73
37.53
40.95
39.80
20.60
22.80
12.57
11.60
14.85
19.28
23.23
23.45
27.42
15.24
17.74
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16*
Commercial Banks Cooperative Banks Regional Rural Banks
29. DECEMBER 2015 2929JUNE 2017 For updated information, please visit www.ibef.org
RISING MSPs INCENTIVISE FARMING … (1/2)
MSP of rice (USD per quintal)
Source: Ministry of Agriculture, TechSci Research
Note: MSP is Minimum Support Price
1 - Data is for Kharif Season
The MSP is announced well ahead of the sowing
season so that the farmers can take informed decisions
on cropping.
The Indian government increases MSPs regularly to
incentivise farmers to enhance production of crops &
ensure there is adequate supply
The MSP for rice was raised from USD44 per quintal in
FY14 to USD45.80 per quintal in FY15 at YoY growth
of 4.1 per cent
MSP for rice reached to USD21.5 per quintal in FY16
(for Kharif season from July-October)
AGRICULTURE
CAGR: 5.6%
13.2
16.4
18.7 20.4
44.5
46.7 46.6
44 45.8
21.5
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
1
30. DECEMBER 2015 3030JUNE 2017 For updated information, please visit www.ibef.org
RISING MSPs INCENTIVISE FARMING … (2/2)
MSP of Arhar (USD per quintal)
Source: Ministry of Agriculture, TechSci Research
1Including Bonus of USD6.3 per quintal.
Government has increased the MSP of pulses
significantly in the past 3 years to encourage production &
thereby reduce the supply shortage
MSP for Arhar increased from USD31.2 per quintal in
FY07 to USD75.12 per quintal in FY17
AGRICULTURE
CAGR: 10.24%
31.20
38.50
43.30
48.50
65.80
78.90
70.90 71.30 72.20
75.02 75.12
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
1
31. DECEMBER 2015 3131JUNE 2017 For updated information, please visit www.ibef.org
FAVOURABLE POLICIES ARE SUPPORTING THE SECTOR GROWTH … (1/2)
Source: Ministry of Agriculture, Union Budget, TechSci Research
Note: RKVY - Rashtriya Krishi Vikas Yojana
AGRICULTURE
Paramparagat Krishi
Vikas Yojana
(PKVY)
• This scheme ensures the promotion of organic farming. USD45.83 million has been allocated for
the scheme during the year 2015-16.
• Adoption of farming will promote the balanced use of chemical fertilizers and enhance the quality
of farm produce
Foreign Direct
Investment (FDI)
• 100 per cent Foreign Direct Investment (FDI) is allowed under automatic route in storage & ware
housing including cold storages
• FDI policy for agriculture was amended to allow 100 per cent FDI under automatic route for
development of seeds
Pradhan Mantri Krishi
Sinchai Yojana
(PMKSY)
• The scheme ensures access to the means of irrigation to all agricultural farms in the country to
produce ‘per drop more crop’, thus bringing much desired rural prosperity
• To increase agricultural production & productivity by increasing availability of water and its
efficient use.
APMC farmers goes
cashless
• In January 2017, Indore Agricultural Produce Market Committee (APMC) adopted the cashless
payment policy & farmers have started accepting alternative modes of payments such as
cheques & RTGS.
Niti Aayog, Contract
Farming Law
• In February 2017, as an effort to protect the farmers against price volatility, Niti Aayog has come
up with a law on contract farming, ensuring better price of horticulture produces through advance
agreement.
32. DECEMBER 2015 3232JUNE 2017 For updated information, please visit www.ibef.org
FAVOURABLE POLICIES ARE SUPPORTING THE SECTOR GROWTH … (2/2)
Pulses Production
• Government has allocated USD76.38 million to lift the production of pulses under National
Food Security Mission (NFSM), increasing cover for about 622 districts under the initiative
in FY17
Support through
Initiatives
• Under MNREGA, government is planning to create 1 million compost pits for organic
manure.
• A corpus of USD2.90 billion to be allocated for adding 0.22 million km of road, under
PMGSY by 2019.
Regional Rural Bank
Credit Refinance Fund
• The government plans to set up a Regional Rural Bank Credit Refinance Fund with a
capital of USD2.1 billion to enhance the capacity of RRBs
• In FY17, the government raised the budget allocation for agriculture sector to USD137.5
billion.
Integrated Scheme of
Oilseeds, Pulses, Oil
palm & Maize (ISOPOM)
• ISOPOM scheme was launched in 2004 to provide flexibility & promote crop
diversification; under ISOPOM, states can utilise the allotted funds to develop a crop of
their choice
Source: Ministry of Agriculture, Union Budget, TechSci Research
Notes: RRB – Regional Rural Bank,
ISOPOM - Integrated Scheme of Oilseeds, Pulses, Oil palm and Maize
MNREGA - Mahatma Gandhi National Rural Employment Guarantee Act
PMGSY - Pradhan Mantri Gram Sadak Yojana
AGRICULTURE
Rubber Board targets
optimum output
• With the cooperation of Rubber Producers Society, the Government is implementing a 3
year plan to cultivate and raise the productivity of rubber plantations at regional level. In In
FY17, the rubber production reached 690,000 MT.
33. DECEMBER 2015 3333JUNE 2017 For updated information, please visit www.ibef.org
HIGHLIGHTS OF THE BUDGET 2017 -18
Agriculture GVA
• Central Statistics Office (CSO) estimates the share of agriculture & allied sector comprising of
agriculture, livestock, forestry & fishery was almost 15.35 per cent of the Gross Value Added
(GVA) during FY16.
Food grain production
reached 273.83 MMT
• Food grain production reached 273.83 million tonnes in 2016-17, in comparison with 253.16
million tonnes in 2015-16, which is projected to further increase to 280.6 million tonnes by
2020-21.
• MSP for every agriculture produce increased significantly.
Farmers income
• Under the budget 2017-18, the government to double farmers income in coming 5 years.
• Target for agricultural credit in 2017-18 has been fixed at a record level of USD 148 billion.
• Farmers will also benefit from 60 days’ interest waiver announced on 31 Dec 2016
Agricultural exports
estimated to increase
• Agriculture exports from India, during FY16 reached to USD32.08 billion.
• The export of agricultural products is likely to cross USD45 billion by 2019 – 20.
• India’s exports of grapes to Europe & China are estimated to increase, with increase in
production of exportable grapes. Nearly 80 per cent of the overall supply is sourced from
Nasik, from a cultivated area of 55000 hectares, of which 33000 hectares of land is registered
for cultivating grapes that are to be exported only.
Source: Union Budget, Ministry of Agriculture, TechSci Research
NABARD - National Bank for Agriculture and Rural Development
AGRICULTURE
34. DECEMBER 2015 3434JUNE 2017 For updated information, please visit www.ibef.org
HIGHLIGHTS OF THE BUDGET 2017 -18
Source: Union Budget, Ministry of Agriculture, TechSci Research
NABARD - National Bank for Agriculture and Rural Development
AGRICULTURE
Funds Allocated
• Allocated USD27.84 billion to rural, agricultural and allied sectors under the budget
• Agriculture credit target fixed USD1.48 trillion
• Under NABARD, Dairy processing infrastructure fund worth USD1.18 billion will be set up with
a initial sum of USD297.48 million
• Under Pradhan Mantri Fasal Bima Yojana (PMFBY), a allocation of funds has been increased
to USD1.96 billion in the budget 2017-18.
• Micro irrigation fund will be created with a sum of USD743.71 million
36. DECEMBER 2015 3636JUNE 2017
OPPORTUNITIES
For updated information, please visit www.ibef.org
Agricultural inputs
• Limited arable land against
growing population makes
agricultural inputs crucial
• Huge opportunity exists for agri
input segments like seeds & plant
growth nutrients
• In India, commercial seeds only
account for minor percentage (25
per cent) & huge demand is
expected for quality branded
seeds
Logistics
• The 12th Five Year Plan
estimated a potential storage
capacity expansion of 35 million
tonnes
• Cold storage capacity needs to
grow rapidly from the current
level of 24 million tonnes
• Private warehouse operators are
supported by multiple income
streams, subsidy & available of
credit
• It is expected that 4 per cent
growth in the food grain storage
capacity would restructure
agricultural sector over the next
few years
Source: Ministry of Agriculture, TechSci Research
AGRICULTURE
Farm management services
• New agri business, which
provides inputs such as seeds,
fertilizers along with providing
advice & training farmers on
latest agricultural practices
• It introduces efficiencies into the
whole gamut of agri practices
• Provides assistance to sell
products at appropriate prices
• In June 2017, Bhoomee, a
startup from Bengaluru created
an app which offers a one-stop
platform that enables farmers to
connect to traders and vice-versa
through their online portals and
call centers.
37. DECEMBER 2015 3737JUNE 2017 For updated information, please visit www.ibef.org
INITIATIVES THAT WILL FURTHER PROP UP THE SECTOR
Foreign Direct
Investment (FDI)
• Cumulative FDI from April 2000 to March 2017 in agriculture services was USD1,920.74
million, whereas in agricultural machinery was USD449.18 million.
Source: Ministry of Agriculture, DIPP, TechSci Research
AGRICULTURE
MOUs/ Agreements
• MOUs/Agreements has been signed with 52 countries
• Number of partnerships with other countries have reached 63
• Provides better agricultural facilities in areas such as R & D, capacity building, germ –
plasm exchange, post – harvest management, value addition/food processing, plant
protection, animal husbandry, dairy & fisheries
• Helps in improving bilateral ties as well
Buyer Seller Meet
• In January 2017, the Spice Board in Guwahati organised a meet, which witnessed
participation of spice producing farmers, sellers, exporters & importers from North East.
The meet facilitated trial orders, which might turn into a potential spice trade worth
US$1.48 million, by next year.
38. DECEMBER 2015 3838JUNE 2017 For updated information, please visit www.ibef.org
GOVERNMENT INITIATIVES THAT WILL FURTHER PROP UP THE SECTOR
Source: Ministry of Agriculture, DIPP, TechSci Research; Note: RFID – Radio Frequency Identification
AGRICULTURE
• Allocation of USD3.9 billion for RFID, USD234 million for long – term rural credit fund, USD7.03 billion for short – term cooperative
rural credit finance fund, USD3.9 billion for short – term RRB refinance fund. Target of USD137.49 billion agricultural credit during
2016 – 17
• The Food Processing Industries have taken few initiatives for developing the food – processing sector that would enhance the exports
of agro & processed foods & income of farmers
• Government is planning to invest USD8 billion so as to revive 4 fertilizer plants & setting up 2 plants to produce farm nutrients
• Financial Outlay of USD35.47 million has been announced under the National Dairy Development Board (NDDB) to boost milk output
& per animal production of milk
• In March 2017, the government has approved the creation of buffer crops to stabilised prices as well as increase their imports, For the
same, an agency named as Buffer Stock Management Agency (BSMA) has been formed, which is responsible for efficient
management like liquidation, storage, maintenance & procurement of the stock.
• In March 2017, the government created a Banana Research Centre in Vaishali, Bihar, as the district’s climate is best suited for
production of bananas.
• In May 2017, the government signed an MoU with Malaysia to develop Ammonia & Urea manufacturing plant. The project is expected
to cost around USD2.1 billion & will have a capacity to produce 2.4 million tonnes of Urea & 1.35 million tonnes of Ammonia annually.
• In May 2017, the Ministry of Agriculture & Farmers Welfare launched e-Krishi Samvad, an internet-based platform that will provide
direct and effective solutions to the problems faced by farmers and stakeholders in the agriculture sector.
• In May 2017, the ministry of agriculture voiced plans for the development of the agricultural sector under which the ministry has
decided to set up 500,000 tonnes of cold storage capacity, 1,000 pack houses and 150 ripening chambers. The ministry also plans to
rollout a model contract farming law by October 2017.
39. DECEMBER 2015 3939JUNE 2017
CONTRACT FARMING: CHANGING THE FARM DYNAMICS … (1/3)
For updated information, please visit www.ibef.org
Companies
provide R&D
& agricultural
implements
to farmers
Regular &
timely
payments to
farmers &
credit
facilities
Reduces the price risk
fluctuations & saves
land investments for
companies
Lesser
logistics cost
for both,
farmers &
companies
Stable &
steady
supply of
quality farm
output for
companies
Foreign companies practicing contract farming in India
Company State Crop
Cargill India
Pvt Ltd
Madhya
Pradesh
Wheat, Maize &
Soya bean
Hindustan
Lever Ltd
Madhya
Pradesh
Wheat
ITC - IBD
Madhya
Pradesh
Soybean
Appachi Tamil Nadu Cotton
Nestle India
Ltd
Punjab Milk
Pepsi Foods
Pvt Ltd
Punjab, TN
Chillies, Groundnut,
Seaweed, Tomato
& Basmati Rice
Source: Company reports, Assorted articles, TechSci Research
AGRICULTURE
Contract Farming in
India
• The Government of India‘s National Agriculture Policy envisages that “Private sector participation will be promoted through contract
farming & land leasing arrangements to allow accelerated technology transfer, capital inflow & assured market for crop production
especially of oilseeds, cotton & horticultural crops”
• The promotion of the agritech sector has led to a heavy investments of over USD10 million in 2017 by companies like Accel India, IDG
ventures, etc.
The government is planning to revamp the old model Agriculture Produce Marketing Committee Act (APMC Act) & carve out
the provisions on contract farming into a separate law to form a new Contract Farming Act.
40. DECEMBER 2015 4040JUNE 2017
CONTRACT FARMING: CHANGING THE FARM DYNAMICS … (2/3)
For updated information, please visit www.ibef.org
Source: Company reports, Assorted articles, TechSci Research
AGRICULTURE
At present among successful contract farming practices undertaken in Gujarat:
Agrocell Corporation
Ltd.
• It is doing contract farming of organic cotton & sesame seeds covering about 5000 acres in
Kutch & Surendranagar district of Gujarat since last 8 years.
• The farmers get 7-8 per cent more price than ordinary cotton in current market & concession in
certain services from the company.
Atreyas Agro Organic
Pvt. Ltd.
• Plans to grow Jetrophs Curcas by contract farming. They have target of covering more than
50,000 acres of irrigated & non-irrigated land of Gujarat.
Godrej Agrovat Ltd.
• Is also planning to grow high quality oil palm under contract farming in south Gujarat region by
providing imported tissue culture plants and farming technology to the contract farmers.
Pepsi India, Arvind
mills, Jojoba Oil
Industries Ltd
• These are some companies who have approached the government & shown keen interest in
doing research & contract farming in Agro-products in Gujarat under their backward integration
projects.
41. DECEMBER 2015 4141JUNE 2017
CONTRACT FARMING: CHANGING THE FARM DYNAMICS … (3/3)
Source: Company reports, Assorted articles, TechSci Research
Note: PMG - Plastic Mulch Groundnut
For updated information, please visit www.ibef.org
• Contract farming agreement
with farmers in Punjab
• PMG technology sourced from
china
Pepsico
• Company supported farmers in
R&D & other farm activities
• Farmer started to grow two
crops in one year
Groundnut
• Yields increased to 3-4
tonnes per hectare, much
above national average of 1
tonnes per hectare
Model extended
to other states
• Created procurement centers to
procure Barley in Rajasthan
SAB Miller
• Provide higher-quality certified
seeds & training to 5,600
farmers in Rajasthan
Barley
• Increase in yields from 1.9
tonnes a hectare to 3.8
tonnes a hectare within the
space of one year
Others followed
the model
AGRICULTURE
43. DECEMBER 2015 4343JUNE 2017 For updated information, please visit www.ibef.org
RALLIS INDIA: BENEFITTING FROM DEMAND OF AGRICULTURAL INPUTS … (1/2)
Major business segments
Note: PGN - Plant Growth Nutrients
Salient characteristics
• Rallis is a leading player in the agricultural inputs business and one of the largest player in agri chemical business
• Crop protection is the major segment for the company and it plans to expand its presence in seeds and PGN
• As part of the above mentioned plans, Rallis acquired a research-led seeds company ‘Metahelix’ & launched a PGN
product in the name of ‘Ralligold’
• Rallis India has set up Rallis Farm Management services to undertake contract farming
• Rallis Research Centre has won the prestigious New Millennium Indian Technological Leadership Initiative award for a
molecule discovery
• Launched GeoGreen which has established itself as a brand for soil conditioner. It improves the soil health to enhance the
productivity
• Programmes like MoPu – More Pulses, Samrudh Krishi have been initiated to drive the productivity of various agri services
Crop protection Agri services
Contract farming Seeds and PGN
Rallis
AGRICULTURE
44. DECEMBER 2015 4444JUNE 2017 For updated information, please visit www.ibef.org
Net sales (USD million)
Source: Company website, TechSci Research
Profit before taxes (USD million)
AGRICULTURE
RALLIS INDIA: BENEFITTING FROM DEMAND OF AGRICULTURAL INPUTS … (2/2)
140.5
174.3
185.3
233.6
266.5 265.1
286.3
297.3
214.5 223.9
FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
30.5
22.3
31.8
38.4
31.1 31.7
39.4
36.8
25.2
53.4
FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
46. DECEMBER 2015 4646JUNE 2017
INDUSTRY ASSOCIATIONS … (1/2)
Autonomous Bodies
• National Institute of Agricultural Extension Management
Rajendranagar, Hyderabad–500 030, Andhra Pradesh
Phone: 040-24016702 to 706
Fax: 040-24015388
• National Institute of Agricultural Marketing (NIAM)
Bambala, Kota Road
Jaipur–302033, Rajasthan
Phone: 0141-2770027
Fax: 0141-2771938, 2770027
Boards
• Central Insecticides Board and Registration Committee
Machinary Store Building,
N.H.IV Faridabad
Phone: 0129 -2413002
• Coconut Development Board
Kera Bhavan, SRVHS Road, Kochi
Kerala–682011
Phone: 0484-2376265, 2377267, 2376553
Fax: 0484-2377902
For updated information, please visit www.ibef.org
AGRICULTURE
47. DECEMBER 2015 4747JUNE 2017
INDUSTRY ASSOCIATIONS … (2/2)
For updated information, please visit www.ibef.org
• National Dairy Development Board (NDDB)
PB No 40, Anand–388 001
Phone: 02692-260148/260149/260160
Fax: 02692-260157
• National Horticulture Board (NHB)
Ministry of Agriculture, Government of India
85, Institutional Area, Sector-18
Gurgaon–122015, Haryana
• National Oilseeds and Vegetable Oils Development Board
(NOVOD)
86, Institutional Area, Sector-18
Gurgaon–122015, Haryana
Councils
• Indian Council of Agricultural Research (ICAR)
Krishi Bhavan, New Delhi 110 114
Phone: 91-11-25846010
AGRICULTURE
48. DECEMBER 2015 4848JUNE 2017
GLOSSARY … (1/2)
For updated information, please visit www.ibef.org
AIBP: Accelerated Irrigation Benefit Programme
Breeder seeds: Seeds move from germ-plasm (research) stage to breeder stage
CAGR: Compound Annual Growth Rate
Certified/quality seeds: Foundation seeds are further multiplied to get certified seeds, which are sold to farmers
FMTTI: Farm Machinery Training and Testing Institutes
Foundation seeds: Breeder seeds are multiplied as foundation seeds
FY: Indian Financial Year (April to March) – FY12 implies April 2011 to March 2012
KCC: Kisan Credit Card
MSP: Minimum Support Prices
NFSM: National Food Security Mission
NMAM: National Mission on Agricultural Mechanisation
PGN: Plant Growth Nutrients
AGRICULTURE
49. DECEMBER 2015 4949JUNE 2017
GLOSSARY … (2/2)
For updated information, please visit www.ibef.org
RKVY: Rashtriya Krushi Vikas Yojana is a central government scheme providing funds to state governments to spend on
agriculture
Wherever applicable, numbers have been rounded off to the nearest whole number
AGRICULTURE
50. DECEMBER 2015 5050JUNE 2017
Year INR equivalent of one USD
2004–05 44.81
2005–06 44.14
2006–07 45.14
2007–08 40.27
2008–09 46.14
2009–10 47.42
2010–11 45.62
2011–12 46.88
2012–13 54.31
2013–14 60.28
2014-15 61.06
2015-16 65.46
2016-17 (E) 67.23
Year INR equivalent of one USD
2005 43.98
2006 45.18
2007 41.34
2008 43.62
2009 48.42
2010 45.72
2011 46.85
2012 53.46
2013 58.44
2014 61.03
2015 64.15
2016 (Expected) 67.22
Exchange rates (Fiscal Year)
For updated information, please visit www.ibef.org
EXCHANGE RATES
Exchange rates (Calendar Year)
AGRICULTURE
Source: Reserve bank of India,
Average for the year
51. DECEMBER 2015 5151JUNE 2017
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AGRICULTURE