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
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.
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 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.
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.
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.
status of india in agriculture production mehtagoldy456
This document provides an overview of India's status in agricultural production. Some key points:
- Agriculture is a strong sector in India's economy, providing livelihoods for over 58% of the population.
- India ranks 2nd globally in farm output and is a top producer of crops like rice, wheat, sugar, fruits and vegetables. Milk production is the highest in the world.
- Initiatives like the Green Revolution have helped increase food grain production and self-sufficiency. However, average yields remain lower than other countries.
- Ongoing issues include inadequate irrigation, low productivity, and the decline of agriculture as a share of GDP. The document outlines opportunities to boost the sector through technology, exports,
Agri-Business - The Resurgence of Agriculture in IndiaSukant Senapaty
Agriculture in India is being redefined with emerging trends that are giving it the contours of a lucrative business. Farmers association, marketing associations and corporatization of agriculture in India means that the transition of the sector from small farm based unit to modern corporatized Agri Business units is complete.
At 179.9 million hectares, India holds the second largest agricultural land in the world. A majority of the Indian population relies on agriculture for employment and livelihood. Steady investments in technology development, irrigation infrastructure, emphasis on modern agricultural practices and provision of agricultural credit and subsidies are the major factors contributing to agriculture growth.
The country has today emerged as a major player in the global agriculture market. Agriculture accounts for 14 per cent of gross domestic product (GDP) and about 11 per cent of India’s total exports; it is also an essential link in the supply chain of the manufacturing sector and at the same time constitutes a big market for industrial products. Currently, India is the world's largest rice exporter and second in terms of wheat exports. Horticulture exports have also seen good growth. India's agro exports during 2013–14 touched US$ 45 billion as against US$ 25 billion in 2011–12.
The Department of Agriculture and Cooperation under the Ministry of Agriculture is the nodal organisation responsible for development of the agriculture sector in India. The organisation is responsible for formulation and implementation of national policies and programmes aimed at achieving rapid agricultural growth through optimum utilisation of land, water, soil and plant resources of the country.
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.
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 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.
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.
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.
status of india in agriculture production mehtagoldy456
This document provides an overview of India's status in agricultural production. Some key points:
- Agriculture is a strong sector in India's economy, providing livelihoods for over 58% of the population.
- India ranks 2nd globally in farm output and is a top producer of crops like rice, wheat, sugar, fruits and vegetables. Milk production is the highest in the world.
- Initiatives like the Green Revolution have helped increase food grain production and self-sufficiency. However, average yields remain lower than other countries.
- Ongoing issues include inadequate irrigation, low productivity, and the decline of agriculture as a share of GDP. The document outlines opportunities to boost the sector through technology, exports,
Agri-Business - The Resurgence of Agriculture in IndiaSukant Senapaty
Agriculture in India is being redefined with emerging trends that are giving it the contours of a lucrative business. Farmers association, marketing associations and corporatization of agriculture in India means that the transition of the sector from small farm based unit to modern corporatized Agri Business units is complete.
At 179.9 million hectares, India holds the second largest agricultural land in the world. A majority of the Indian population relies on agriculture for employment and livelihood. Steady investments in technology development, irrigation infrastructure, emphasis on modern agricultural practices and provision of agricultural credit and subsidies are the major factors contributing to agriculture growth.
The country has today emerged as a major player in the global agriculture market. Agriculture accounts for 14 per cent of gross domestic product (GDP) and about 11 per cent of India’s total exports; it is also an essential link in the supply chain of the manufacturing sector and at the same time constitutes a big market for industrial products. Currently, India is the world's largest rice exporter and second in terms of wheat exports. Horticulture exports have also seen good growth. India's agro exports during 2013–14 touched US$ 45 billion as against US$ 25 billion in 2011–12.
The Department of Agriculture and Cooperation under the Ministry of Agriculture is the nodal organisation responsible for development of the agriculture sector in India. The organisation is responsible for formulation and implementation of national policies and programmes aimed at achieving rapid agricultural growth through optimum utilisation of land, water, soil and plant resources of the country.
The document discusses the agriculture sector in India. Some key points:
- Agriculture is the backbone of the Indian economy, with around 58% of the population depending on it. India is a major global producer of crops like wheat, rice, fruits and vegetables.
- Agriculture contributes 18% to total exports and 23% to India's GDP. The sector provides food for over 1 billion people and raw materials to many industries.
- Major crops grown in India include rice, wheat, maize, millets, pulses, oilseeds, cotton, jute, sugarcane, tea, coffee, coconut and rubber.
- The agriculture sector plays a crucial role in employment, international trade, rural
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.
Indian agriculture has been practiced since ancient times and remains an important sector of the Indian economy, with around 55% of the population still dependent on it. Some key features include small landholdings, dependence on monsoon rains, a variety of food and cash crops grown, and low productivity. However, government initiatives like the Green Revolution have increased crop yields significantly. Agriculture continues to be the backbone of India due to its economic and employment contributions, though complete mechanization and other improvements are still needed.
The document discusses the role of agriculture in the Indian economy. It notes that agriculture provides food for over 1 billion people and contributes to 1/6 of export earnings. The Green Revolution significantly increased food production through improved seeds, irrigation, and mechanization. India is a major global producer of crops like milk, rice, wheat and spices. However, agriculture also faces challenges like fragmented land ownership, lack of infrastructure and technology adoption among farmers. The summary calls for increasing farmer literacy, sustainable resource use, and greater government facilitation to boost agricultural production.
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.
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.
- 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.
This particular ppt deals about the role of agriculture in indian economy.How agricultural marketing and green revolution had shown its impact.How organic farming might help in agricultural development.It also deals about different types of rural credit
- 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.
Agriculture has historically played a large role in India's economy but its contribution has declined significantly over time as other sectors like services and manufacturing have grown. While agriculture still employs over half of India's workforce, it now only accounts for around 15% of GDP compared to over 50% in the early 1950s. This decline is due to factors like urbanization, small landholdings, lack of irrigation and infrastructure, and government policies that have distorted crop diversification. Food inflation in India is strongly influenced by agricultural production and global food prices. High fiscal deficits and rising subsidies have also contributed to inflation. Continued efforts to boost agricultural productivity through initiatives like the Green Revolution and contract farming will be needed to ensure food security and reduce
The agriculture sector employs nearly half of the workforce in the country. However, it contributes to 17.5% of the GDP (at current prices in 2015-16).Agriculture sector’s contribution has decreased from more than 50% of GDP in the 1950s to 15.4% in 2015-16 (at constant prices). This slides discuss about Indian agriculture status and problems and solutions.
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 summarizes the challenges facing Indian agriculture, including stagnating productivity growth, declining farmer incomes, and negative environmental impacts from the Green Revolution. It discusses the need for urgent policy interventions to support farmers and protect their livelihoods. Key barriers to overcome include declining yields, lack of cultivable land, and water scarcity. The future of Indian agriculture depends on addressing issues like resource degradation, investment levels, technology development, and the effects of globalization and urbanization.
1) Agriculture is the largest employer in rural India but has faced stagnant growth in recent years due to factors like small landholdings and monsoon dependence.
2) While India is a major global producer of many crops, smallholder farms remain uncompetitive and trapped in a cycle of low productivity and investment.
3) The government has implemented several programs to boost rural incomes, support prices, and develop agricultural infrastructure and markets. However, widespread poverty and farmer distress continue to be issues.
Agricultural inputs are essential for rural development and marketing. There are two types: consumable inputs like seeds, fertilizers, and veterinary medicines, and capital inputs like tractors and irrigation equipment. Seeds are a key input and account for 20-25% of productivity, but challenges include inconsistent seed quality and a lack of comprehensive databases. Fertilizer use has increased food grain production significantly in India, though consumption remains low compared to other countries. Pesticide use is also increasing to combat crop losses, with insecticides currently making up over half of the market. Mechanization brings benefits like increased yields and income, though customized equipment and training are needed given India's diverse farm sizes and conditions. Irrigation potential
Agriculture has historically been very important for India's economy, providing employment and GDP contributions. However, since independence in 1947 agriculture's GDP share has declined compared to industrial and services sectors. Various government plans and programs have aimed to modernize agriculture and boost productivity through new technologies, credit access, irrigation improvements, and extension services. Overall agricultural production and yields have increased in recent decades.
The document provides an overview of rural development and Indian agriculture from pre-independence to present day. It discusses various farming systems and types of agriculture practiced in India such as arable, pastoral, mixed, etc. It then outlines the key stages in the development of Indian agriculture including the pre-independence period focused on cash crops for British trade, post-independence initiatives like land reform and irrigation projects, the Green Revolution of the 1960s which introduced high-yielding varieties and boosted food grain production, and more recent developments in dairy, fisheries, and challenges facing Indian agriculture today.
Present status and performance of Agriculture & Allied fields and Industries ...Santo P Sam
Agriculture and allied sectors like forestry and fisheries account for about 50% of employment in India but only contribute around 14% to GDP. Several key sectors are discussed including horticulture, food processing, animal husbandry, fishing, and contract farming. The document also summarizes the status of important industries such as textiles, chemicals, sugar, paper, machine tools and auto components. Overall the agriculture and industry sectors provide livelihood for much of the population but have potential for increased contribution to the economy.
Indian agriculture overview for bangladesh officers 13.7.16Siraj Hussain
This document summarizes the performance and challenges of Indian agriculture. It notes that while agriculture contributes only 14% to India's GDP, 50% of the population depends on it. Key points include: food grain production has increased 29% from 2003-2015, but yields are stagnating for many crops; allied sectors like dairy have seen strong growth but small landholdings, irrigation gaps, and low seed replacement ratio remain challenges. The document also reviews major government interventions and expectations for the next 3-5 years, which include full implementation of e-markets, expanded crop insurance, and increased irrigation and water conservation.
This presentation was given as part of a workshop organised by the Takshashila Institution for educational purposes only. The analysis done does include certain assumptions that might've not been mentioned in the presentation.
Present situation of farmers in India and solutionspuneetthind
The document summarizes the activities of Rashtriya Kissan Sangathan (RKS), a nationwide farmers' organization in India. RKS aims to organize farmers and link them directly to markets. It has established cooperative societies that provide farmers access to inputs, offer the best prices for crops, and provide extension services. RKS also facilitates commercial farming projects for farmers in other countries, such as a project in Ethiopia. The organization holds various events like farmer fairs and training camps to educate farmers and address their issues.
The document discusses the agriculture sector in India. Some key points:
- Agriculture is the backbone of the Indian economy, with around 58% of the population depending on it. India is a major global producer of crops like wheat, rice, fruits and vegetables.
- Agriculture contributes 18% to total exports and 23% to India's GDP. The sector provides food for over 1 billion people and raw materials to many industries.
- Major crops grown in India include rice, wheat, maize, millets, pulses, oilseeds, cotton, jute, sugarcane, tea, coffee, coconut and rubber.
- The agriculture sector plays a crucial role in employment, international trade, rural
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.
Indian agriculture has been practiced since ancient times and remains an important sector of the Indian economy, with around 55% of the population still dependent on it. Some key features include small landholdings, dependence on monsoon rains, a variety of food and cash crops grown, and low productivity. However, government initiatives like the Green Revolution have increased crop yields significantly. Agriculture continues to be the backbone of India due to its economic and employment contributions, though complete mechanization and other improvements are still needed.
The document discusses the role of agriculture in the Indian economy. It notes that agriculture provides food for over 1 billion people and contributes to 1/6 of export earnings. The Green Revolution significantly increased food production through improved seeds, irrigation, and mechanization. India is a major global producer of crops like milk, rice, wheat and spices. However, agriculture also faces challenges like fragmented land ownership, lack of infrastructure and technology adoption among farmers. The summary calls for increasing farmer literacy, sustainable resource use, and greater government facilitation to boost agricultural production.
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.
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.
- 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.
This particular ppt deals about the role of agriculture in indian economy.How agricultural marketing and green revolution had shown its impact.How organic farming might help in agricultural development.It also deals about different types of rural credit
- 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.
Agriculture has historically played a large role in India's economy but its contribution has declined significantly over time as other sectors like services and manufacturing have grown. While agriculture still employs over half of India's workforce, it now only accounts for around 15% of GDP compared to over 50% in the early 1950s. This decline is due to factors like urbanization, small landholdings, lack of irrigation and infrastructure, and government policies that have distorted crop diversification. Food inflation in India is strongly influenced by agricultural production and global food prices. High fiscal deficits and rising subsidies have also contributed to inflation. Continued efforts to boost agricultural productivity through initiatives like the Green Revolution and contract farming will be needed to ensure food security and reduce
The agriculture sector employs nearly half of the workforce in the country. However, it contributes to 17.5% of the GDP (at current prices in 2015-16).Agriculture sector’s contribution has decreased from more than 50% of GDP in the 1950s to 15.4% in 2015-16 (at constant prices). This slides discuss about Indian agriculture status and problems and solutions.
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 summarizes the challenges facing Indian agriculture, including stagnating productivity growth, declining farmer incomes, and negative environmental impacts from the Green Revolution. It discusses the need for urgent policy interventions to support farmers and protect their livelihoods. Key barriers to overcome include declining yields, lack of cultivable land, and water scarcity. The future of Indian agriculture depends on addressing issues like resource degradation, investment levels, technology development, and the effects of globalization and urbanization.
1) Agriculture is the largest employer in rural India but has faced stagnant growth in recent years due to factors like small landholdings and monsoon dependence.
2) While India is a major global producer of many crops, smallholder farms remain uncompetitive and trapped in a cycle of low productivity and investment.
3) The government has implemented several programs to boost rural incomes, support prices, and develop agricultural infrastructure and markets. However, widespread poverty and farmer distress continue to be issues.
Agricultural inputs are essential for rural development and marketing. There are two types: consumable inputs like seeds, fertilizers, and veterinary medicines, and capital inputs like tractors and irrigation equipment. Seeds are a key input and account for 20-25% of productivity, but challenges include inconsistent seed quality and a lack of comprehensive databases. Fertilizer use has increased food grain production significantly in India, though consumption remains low compared to other countries. Pesticide use is also increasing to combat crop losses, with insecticides currently making up over half of the market. Mechanization brings benefits like increased yields and income, though customized equipment and training are needed given India's diverse farm sizes and conditions. Irrigation potential
Agriculture has historically been very important for India's economy, providing employment and GDP contributions. However, since independence in 1947 agriculture's GDP share has declined compared to industrial and services sectors. Various government plans and programs have aimed to modernize agriculture and boost productivity through new technologies, credit access, irrigation improvements, and extension services. Overall agricultural production and yields have increased in recent decades.
The document provides an overview of rural development and Indian agriculture from pre-independence to present day. It discusses various farming systems and types of agriculture practiced in India such as arable, pastoral, mixed, etc. It then outlines the key stages in the development of Indian agriculture including the pre-independence period focused on cash crops for British trade, post-independence initiatives like land reform and irrigation projects, the Green Revolution of the 1960s which introduced high-yielding varieties and boosted food grain production, and more recent developments in dairy, fisheries, and challenges facing Indian agriculture today.
Present status and performance of Agriculture & Allied fields and Industries ...Santo P Sam
Agriculture and allied sectors like forestry and fisheries account for about 50% of employment in India but only contribute around 14% to GDP. Several key sectors are discussed including horticulture, food processing, animal husbandry, fishing, and contract farming. The document also summarizes the status of important industries such as textiles, chemicals, sugar, paper, machine tools and auto components. Overall the agriculture and industry sectors provide livelihood for much of the population but have potential for increased contribution to the economy.
Indian agriculture overview for bangladesh officers 13.7.16Siraj Hussain
This document summarizes the performance and challenges of Indian agriculture. It notes that while agriculture contributes only 14% to India's GDP, 50% of the population depends on it. Key points include: food grain production has increased 29% from 2003-2015, but yields are stagnating for many crops; allied sectors like dairy have seen strong growth but small landholdings, irrigation gaps, and low seed replacement ratio remain challenges. The document also reviews major government interventions and expectations for the next 3-5 years, which include full implementation of e-markets, expanded crop insurance, and increased irrigation and water conservation.
This presentation was given as part of a workshop organised by the Takshashila Institution for educational purposes only. The analysis done does include certain assumptions that might've not been mentioned in the presentation.
Present situation of farmers in India and solutionspuneetthind
The document summarizes the activities of Rashtriya Kissan Sangathan (RKS), a nationwide farmers' organization in India. RKS aims to organize farmers and link them directly to markets. It has established cooperative societies that provide farmers access to inputs, offer the best prices for crops, and provide extension services. RKS also facilitates commercial farming projects for farmers in other countries, such as a project in Ethiopia. The organization holds various events like farmer fairs and training camps to educate farmers and address their issues.
The document discusses India's agriculture sector. It notes that agriculture is important to the Indian economy, employing over half of India's workforce and contributing 15% to GDP, despite a majority of farmers being small-scale or marginal. Key crops include rice, wheat, and fruits/vegetables. Agricultural growth has fluctuated over time periods. New policies are needed to support small farms, rainfed areas, and rural development for sustainable growth in the sector. The government has implemented various schemes to boost agriculture. Food processing and use of technology also present opportunities in Indian agriculture.
Farmer suicides have been a major issue in India since the 1990s. The document discusses the key causes of farmer suicides as monsoon failure, high debt, crop failure, lack of irrigation, declining prices of crops coupled with increasing input costs, and poverty. It provides statistics showing that states like Maharashtra and Kerala have seen thousands of farmer suicides annually, with debt being a factor in over 80% of cases and average debt levels of Rs. 50,000. Suggested solutions include more crop insurance, profitable prices for farmers, increased access to credit, and support for inputs.
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.
The document discusses suicide, including its definition, causes, methods, and prevention. Suicide is defined as taking one's own life and is often attributed to mental illness, depression, substance abuse, or stressful life events. Common methods of suicide include hanging, poisoning, and firearms. Efforts to prevent suicide focus on restricting access to lethal means, treating mental illness and addiction, and improving social and economic support systems. The document provides tips for coping with suicidal thoughts, such as making a safety plan and seeking help from others.
This document discusses the historical reasons for and current causes of farmer suicides in India. It notes that high land taxes and frequent famines under British colonial rule contributed to widespread poverty and frustration among farmers. Today, reasons for farmer suicides include crop failure and debt from drought, floods, use of GM seeds, and economic policies. Southern states have much higher suicide rates than northern states. Government responses including debt relief programs have been ineffective at creating reliable income sources for farmers long-term. Farmer suicide is a global issue associated with stress from mental health, environment, economics, and family problems.
- The document analyzes reports on farmer suicides in the Vidarbha region of Maharashtra, India from 2001-2006.
- It finds the primary causes of suicide were repeated crop failure, rising input costs, and insurmountable debt.
- Recommendations included providing minimum income support, lowering input costs, expanding insurance programs, and increasing access to credit and market information.
- An analysis of 205 suicide cases found most farmers were middle-aged with small landholdings, and spent heavily on education, marriage, and household expenses, leaving them vulnerable to economic shocks.
This document discusses issues related to agriculture and farmers in India. It notes that over 60% of India's workforce is directly involved in agriculture but the sector only accounts for around 30% of GDP. Farmer suicide rates have more than doubled after 1997 according to National Crime Records Bureau data from 1997-2005. Despite large government subsidies for fertilizers, Indian agriculture is struggling and food production has not increased at the same rate as fertilizer use. The document questions whether there are agendas or conspiracies at play in the laws and policies related to seeds, intellectual property rights, and support for GM crops, in order to control hunger. It argues this may be the biggest human rights issue and scam in history.
This document discusses the state of farmers in India. It notes that while farmers provide food for India's large population, most farmers are poor due to various challenges like unreliable monsoons, exploitation, lack of technology, education, and small land sizes. However, it states that conditions may improve over time as farmers become more educated and gain access to new technologies with government support and better financing.
About 75% people are living in rural areas and are still dependent on Agriculture.
About 43% of India’s geographical area is used for agricultural activity.
Agriculture continues to play a major role in Indian Economy.
Provides food to more than 1 billion people
Produces 51 major crops
Contributes to 1/6th of the Export Earnings
The document discusses reasons for farmer suicides in India, including dependence on monsoons with little irrigation, indebtedness from high-interest loans, rising costs of cultivation, and failure of loan waiver policies to provide long-term solutions. Key statistics show that on average one farmer committed suicide every 32 minutes between 1997-2005, with rates as high as one every 8 hours in Vidarbha region of Maharashtra. Most suicides occurred among farmers between 20-45 years old.
Modern agricultural practices have led to increased food production but also environmental issues. The use of fertilizers, pesticides, and high-yielding seed varieties boosted yields but also caused problems like water pollution, loss of soil, pest resistance, and health impacts. Pesticides in particular accumulate in the environment and food chain, killing beneficial insects along with pests and contaminating water sources. While necessary to feed growing populations, intensive agriculture needs to be practiced sustainably to minimize environmental damage over the long run.
The document discusses India's agricultural price policy and related programs. It provides background on how the policy emerged in response to food scarcity issues. It then describes the objectives of price policy, the need for such a policy, its main features including the institutions involved like CACP and FCI. It also discusses factors considered in price setting, effects of the policy, and shortcomings like limited coverage and ineffective PDS. Suggestions are provided to improve the policy including expanding coverage and improving productivity.
Agriculture in indian economy- Vishnu pujariVishnu Pujari
This document provides an overview of agriculture in the Indian economy. It discusses how agriculture provides livelihood for 70% of the population and is an important source of raw materials. It describes India's favorable geographic conditions for agriculture and the country's efforts to increase production through technology. The document then summarizes the main types of farming in India and the salient features of Indian agriculture, including its role in the economy. It outlines major crops grown in India and concludes by identifying the major challenges facing Indian agriculture, such as stagnating crop production, high input costs, soil exhaustion, water depletion, climate change impacts, and ensuring food security.
The document discusses the agricultural sector in India. It states that agriculture remains important for the Indian economy as 70% of the population depends on it directly or indirectly. Several government schemes and initiatives have been implemented to modernize and boost agriculture, such as the Green Revolution in the 1960s, the Rashtriya Krishi Vikas Yojana scheme, the National Food Security Mission, and Kisan Credit Cards to provide farmers access to credit. The government continues to prioritize the agricultural sector through the annual budget and new policies around foreign direct investment and food security.
Farmers' suicides are a major problem in India. Some key points:
- Indebtedness is the main reason for 93% of farmer suicides. High interest rates from money lenders and crop failures lead to mounting debts.
- Other major causes include lack of irrigation, unpredictable monsoons, rising input costs, and social issues like dowry for daughters.
- On average, 38 Indian farmers commit suicide every day - one every 30 minutes. Suicides have ripple effects on families and communities.
- To prevent further suicides, long term solutions are needed like income guarantees, crop insurance, access to credit, and promoting sustainable agriculture practices. The government must address the root
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
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.
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
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
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. 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
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.
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 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.
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
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 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.
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 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
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
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
The document provides information on India's food processing sector. Some key points:
- India has a large agriculture sector and is the largest producer of milk and second largest producer of fruits and vegetables globally.
- The food processing industry is one of India's largest industries, accounting for around 14% of manufacturing GDP and expected to reach $482 billion by 2020.
- Major segments include fruits and vegetables, milk, meat and poultry, marine products, and grain processing. The organized sector accounts for around 70% of the industry.
- Notable trends include rising domestic and international demand, entry of international companies, changing consumer preferences towards healthier options, and increasing exports.
Similar to Agriculture Sectoral Report - October 2016 (20)
Tamil Nadu has a strong and growing economy, as evidenced by its GSDP which grew at a CAGR of 11.46% between 2011-12 and 2018-19, reaching Rs. 16.06 trillion (US$ 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.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
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Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
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My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
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Agriculture Sectoral Report - October 2016
1. DECEMBER 2015 11Updated on October 14, 2016
AGRICULTURE
For updated information, please visit www.ibef.orgUpdated on October 14, 2016
2. DECEMBER 2015 22Updated on October 14, 2016 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
Updated on October 14, 2016
3. DECEMBER 2015 33Updated on October 14, 2016 For updated information, please visit www.ibef.org
EXECUTIVE SUMMARY
2nd largest
agricultural land
• At 157.35 million hectares, India holds the second 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 FY2015, total food grain production in India was recorded at 252.68 million tonnes ,
which increased to 253.16 million tonnes in FY16.
Largest producer of
major agricultural and
horticulture crops
• India is the largest producer of spices, pulses, milk, tea, cashew and jute; and the second
largest producer of wheat, rice, fruits & vegetables, sugarcane, cotton and 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
and 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 and reach to 16 million units by 2030.
AGRICULTURE
5. DECEMBER 2015 55Updated on October 14, 2016
Growing demand
For updated information, please visit www.ibef.org
ADVANTAGE INDIA
Source: Ministry of Agriculture,
World Bank, FAOSTAT, TechSci Research
Attractive opportunities
• Increasing demand for agricultural inputs
such as hybrid seeds and fertilizers.
• Promising opportunities in storage facilities;
potential storage capacity expansion of 35
million tonnes under the 12th Five Year Plan
Competitive advantages
• High proportion of agricultural land
(157 million hectares)
• Leading producer of spices, jute,
pulses; second-largest producer of
wheat, paddy, fruits and
vegetables
FY2016
Food grain
production:
253.16
million
tonnes
2020-21
Food grain
production:
280.6
million
tonnes
Advantage
India
AGRICULTURE
Robust demand
• A large population is the key driver
of demand for agricultural
products
• Rising urban and rural incomes
have also aided demand growth
• External demand has also been
growing especially from key
markets like the Middle East
Policy support
• Schemes like Paramparagat Krishi Vikas
Yojana (PKVY) helps in developing organic
clusters and 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
7. DECEMBER 2015 77Updated on October 14, 2016 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
and 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
and 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
and 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
and 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
and Cooperation as a price control
measure to dampen the impact on
consumers
• Allocation of USD830 million for the
development of micro irrigation,
watershed and Pradhan Mantri Krishi
Sinchai Yojana
• The Indian agricultural services and
agricultural machinery have
cumulatively attracted USD2,278.30
million from April 2000 to March 2016
1950s
1960-80
1980-2000
2000 onwards
AGRICULTURE
8. DECEMBER 2015 88Updated on October 14, 2016 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 and taking appropriate
measures to achieve the targeted growth rate and
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 and enhance the quality of
farm produce
Agricultural Technology Management
Agency (ATMA)
• This technique facilitates retrieval of data and 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.
Small Farmers Agribusiness Consortium
(SFAC)
• Focused on creating wider linkages for FPOs to
reduce transaction costs, improve access to
technology and services and ultimately link them
to better market opportunities for higher returns.
• An ICT backed platform has been provided that
would electronically network all the FPOs in the
country and leverage their collective bargaining
power.
AGRICULTURE
Source: Deptt. of Agriculture and Cooperation, Ministry
of Agriculture, FAOSTAT, TechSci Research
9. DECEMBER 2015 99Updated on October 14, 2016 For updated information, please visit www.ibef.org
GROWTH IN AGRICULTURE … (1/2)
GDP of agriculture and 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 1010Updated on October 14, 2016 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 and rural
sector, infrastructure sector, social sector and 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 2016-17, allocation of USD76.38
million was made, to enhance production of pulses, under
National Food Security Mission in around 622 districts of the
country.
A provision of USD2.90 billion has been planned for adding
of 0.22 million km of roads, under PMGSY to connect
remaining 65,000 habitats by 2019.
Provision of USD0.84 billion made for PMFBY.
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
33.50
29.80
36.41
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14
11. DECEMBER 2015 1111Updated on October 14, 2016 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 3rd Advance Estimate
There are two major agricultural seasons in India: Kharif
and 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
Total food grains production in India reached an all-time
high of 257 million tonnes in FY14
During FY15, total food grains production stood at around
252.68 million tonnes
According to the Ministry of Agriculture, total food grain
production in the country in FY16 is estimated to be around
253.16 million tonnes.
CAGR: 1.11%
AGRICULTURE
MAJOR SEASONS: KHARIF AND RABI … (1/2)
121
118
104
121
131
132
129
126.31
123.99
110
116
114
124
128
124
128
126.38
128.24
0
50
100
150
200
250
300
FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
Kharif Rabi
1
12. DECEMBER 2015 1212Updated on October 14, 2016
372.95
184.13
179.6
142.02
101.96 45.77
7.56
Rice
Coarse Cereals
Oilseeds
Pulses
Cotton
Sugarcane
Jute & Mesta
For updated information, please visit www.ibef.org
Area Sown in FY16 (lakh hectares)
Rabi Kharif
Source: Ministry of Finance, Ministry of Agriculture, TechSci Research
Notes: FY171 – Data till September 2016
AGRICULTURE
MAJOR SEASONS: KHARIF AND RABI … (2/2)
292.52
139.08
77.43
27.04
22.41
Wheat
Pulses
Oil Seeds
Coarse Cereals
Rice
Area Sown in FY171 (lakh hectares)
13. DECEMBER 2015 1313Updated on October 14, 2016 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 and rice in the country
reached an all-time high, with the production of rice and
wheat being recorded at 106.29 million tonnes and 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.
According to second advance estimates, production of
wheat in 2015–16 stood at 93.82 million tonnes, and that of
rice was103.61 million tonnes.
In FY15, yield of rice in the country reached 2.39
tonnes/hectare and that of wheat reached 2.9
tonnes/hectare.
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 1414Updated on October 14, 2016
137066750
91293000
26548859
14974561
573935000
163388000
35947720
27818918
China India United States of
America
Turkey
Fruits (million tonnes) Vegetables(million tonnes)
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 - Figure as of 2015
India ranks 2nd in global production of fruits and vegetables, and is a leading exporter of mangoes and 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 and expansion of
cold storages and storages of horticulture products
During FY05-16, horticulture production in India grew at a CAGR of 4.91 per cent.
Fruit and vegetable production of top four countries (2013)
AGRICULTURE
CAGR1: 4.91%
166.9
182.8
191.8
211.2
214.7
223.1
240.5
257.3
268.8
277.3
280.5
282.8
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
FY05FY06FY07FY08FY09FY10FY11FY12FY13FY14FY15
Production (million tonnes) Area (million hectares)
2
FY16
15. DECEMBER 2015 1515Updated on October 14, 2016
11.30
15.60
24.70
29.20 29.60
38.70
32.08
4.93
FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
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 – May 2016
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 and 12.28 per cent in FY16
Agricultural exports increased from USD24.7 billion in
2011–12 to USD32.08 billion in 2015-16, at a CAGR of 6.75
per cent
In FY17 (April–May 2016), agricultural exports from India
stood at USD4.93 billion
AGRICULTURE
CAGR: 19%
1
16. DECEMBER 2015 1616Updated on October 14, 2016
239
615
3489
39
1970
1550
553
66
218
403
707
405
602
665
365
60
0
500
1000
1500
2000
2500
3000
3500
4000
FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
Value (USD Million) Quantity (Billion Tonnes)
For updated information, please visit www.ibef.org
SURGE IN DEMAND OF INDIAN AGRICULTURAL PRODUCTS … (2/2)
Key agricultural and allied sector exports
from India in 2015-162 (USD billion)
Source: Ministry of Agriculture, APEDA, TechSci Research
1 - Data is for April 2015 – February 2016
2 - Data is for April 2015 – January 2016
3 – Data is for April – May 2016
India exported Basmati rice worth USD3.48 billion and 2.31 billion worth of non-basmati rice during FY16
Livestock Products and Fruits & Vegetables are the next largest export items in terms of value; they accounted for 26.8 per
cent and 6.8 per cent, respectively, of total agricultural exports in 2015-162
Guargum meal emerged as major export commodity; the value of exports rose at a staggering CAGR of 45.3 per cent over
FY10 -15
Total agricultural exports from India increased to USD32.08 billion in FY16
Exports of guargum meal (USD Million)
AGRICULTURE
3.17
0.29
2.17
0.28 0.43 0.55
0.33
0
0.5
1
1.5
2
2.5
3
3.5
Rice
GuargumMeal
LivestockProducts
OilMeals
Sugar
FruitsandVegetables
Cashew
3
17. DECEMBER 2015 1717Updated on October 14, 2016 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 2014 - 15
AGRICULTURE
Karnataka – largest
producer of Sunflower
seed, Maize, Ragi, Coffee
and 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
(12.5 million tonnes1)
Madhya Pradesh – largest
producer of soybean,
pulses, Linseed
Punjab and 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 and Safflower
19. DECEMBER 2015 1919Updated on October 14, 2016
GROWTH DRIVERS OF INDIAN AGRICULTURE
For updated information, please visit www.ibef.org
Growth
drivers
Demand-side
drivers
Policy
support
Supply-side
drivers
• Hybrid and 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 and rice
• Population and income
growth
• Increasing exports
• Favourable
demographics
AGRICULTURE
Note: MSP - Minimum Support Price
20. DECEMBER 2015 2020Updated on October 14, 2016 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 second-most populated country in the world, has
to meet food consumption needs of over 1,280 million
people
India‘s population reached 1.28 billion in FY15 compared to
1.26 billion in FY14
Population is a key demand driver of agricultural growth in
the country
India’s consumption expenditure is likely to reach USD3.6
trillion by 2020, up from an estimated USD0.2 trillion in 2015
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
FY81 FY91 FY01 FY11 FY12 FY13 FY14 FY15 FY16
21. DECEMBER 2015 2121Updated on October 14, 2016
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 and 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 and 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 and the sector’s wider participation in the global
economy
AGRICULTURE
CAGR: 6.88%
22. DECEMBER 2015 2222Updated on October 14, 2016 For updated information, please visit www.ibef.org
GROWING AREA UNDER IRRIGATION … (1/2)
Area under irrigation (million hectares)
Source: Ministry of Agriculture, TechSci Research
Note: P is Provisional estimate
India’s irrigation potential has steadily increased over the
years. In FY13 it stood at 139.5 million hectares compared
to 90 million hectares in 1995 and 22.6 million hectares in
1951
The Government of India has launched a new scheme,
Pradhan Mantri Krishi Sinchai Yojana, that provides end –
to – end solutions in irrigation supply chain and focuses on
creating sources of assured irrigation, per drop more crop,
and harnessing rain water at micro - level through Jal –
Sanchay and Jal - Sinchan
The two major lift irrigation projects in Kohlapur; Tembhu
and Takari Mhaisal-have received USD19 million and
USD15 million by the Union Government
Allocation of USD3.06 billion, under NABARD, to establish
a Long Term Irrigation Fund
23 irrigation projects under Accelerated Irrigation Benefit
Programme (AIBP) would be fast tracked for completion
before March 2017
AGRICULTURE
81.08
84.28
86.75
88.06
88.9
85.08
88.89
91.73
92.58
59.23
60.84
62.74
63.19
63.64
61.94
63.66
65.69
66.1
FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13
Gross Irrigated Area Net Irrigated Area
23. DECEMBER 2015 2323Updated on October 14, 2016 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 and 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, under implementation of
Pradhan Mantri Krishi Sinchayee Yojana (PMKSY), the
government planned to bring 28.5 lakh hectares of land
under irrigation for using water optimally
AGRICULTURE
54715
56489
58550
59512
60415
58122
61065
61612 61632
FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13
24. DECEMBER 2015 2424Updated on October 14, 2016 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 and limiting post-harvest losses.
India is the largest manufacturer of tractors in the world,
accounting for about one-third of global production, as of
FY15.
Government of India released a new subsidy for
establishment of 988 farm machinery banks during 2014-15
under Sub–Mission on Agricultural Mechanisation.
Allocation of USD223 million was made for the
establishment of Farm Machinery Banks and distribution of
farm machinery and 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.
Government of India is focussing on increasing its reach of
farm mechanisation to the regions where availability of farm
power is low and to small and marginal farmers.
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 2525Updated on October 14, 2016
24791 26135
35294
38794
55000
60000
25000
56000
48000
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15
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 8.6 per cent to 48,000
units over FY07-15
About 20 per cent of world’s tractor production is carried out
in India. Domestic tractor market contracted by 2.4 per cent
YoY during the first five months of FY15, while export
volumes grew by 16.9 per cent during the same period
The government has set up a number of Farm Machinery
Training and Testing Institutes to train farmers on the
operation and 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
and marginal ones
AGRICULTURE
CAGR: 8.6%
26. DECEMBER 2015 2626Updated on October 14, 2016 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 FY16, production of foundation seeds reached 149,542
tonnes from 74,800 tonnes in FY06.
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 FY16, production of certified seeds increased to 3.4
million tonnes from 1.4 million tonnes in FY06.
AGRICULTURE
80
82
97
51.4
85.81
107
225
174
158
150
1268
1550
1791
1258.55
1357.58
1389.44
3001
3473
3517
3435
0
2
4
6
8
10
12
14
0
500
1000
1500
2000
2500
3000
3500
4000
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
Foundation seed production ('000 tonnes)
Certified seed production('000 tonnes)
Breeder seed production('000 tonnes)
27. DECEMBER 2015 2727Updated on October 14, 2016
1756
1860 1909
1798
1930
2078 2125 2101 2070
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15
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 2,070 kg/ hectare in FY15 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 2828Updated on October 14, 2016 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
Institutional credit to the agriculture sector increased at a
CAGR of 12.8 per cent during FY07–14
Farmers are allowed to avail crop loans at an interest of 7
per cent
In FY15, institutional credit to the agricultural sector was
USD18.07 billion from Regional Rural Banks
AGRICULTURE
73.76
89.94
99.24
120.54
145.86
157.26
159.27
168.88
18.82
23.97
19.92
26.78
30.73
37.53
40.95
39.80
9.05
12.57
11.60
14.85
19.28
23.23
23.45
27.42
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14
Commercial Banks Coorperative Bank Regional Rural Bank
29. DECEMBER 2015 2929Updated on October 14, 2016 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 and
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)
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 3030Updated on October 14, 2016 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
Government has increased the MSP of pulses significantly
in the past three years to encourage production and thereby
reduce the supply shortage
MSP for Arhar increased from USD31.2 per quintal in FY07
to USD75.02 per quintal in FY16
AGRICULTURE
CAGR: 10.24%
31.20
38.50
43.30
48.50
65.80
78.90
70.90 71.30 72.20
75.02
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
31. DECEMBER 2015 3131Updated on October 14, 2016 For updated information, please visit www.ibef.org
FAVOURABLE POLICIES ARE SUPPORTING THE SECTOR GROWTH … (1/2)
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
and 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 and productivity by increasing availability of water and
its efficient use.
Source: Ministry of Agriculture, Union Budget, TechSci Research
Note: RKVY - Rashtriya Krishi Vikas Yojana
AGRICULTURE
32. DECEMBER 2015 3232Updated on October 14, 2016 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). The government would increase 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 to disburse short term crop
loans to small and marginal farmers
• In FY17, the government raised the budget allocation for agriculture sector to USD137.5
billion.
Integrated Scheme of
Oilseeds, Pulses, Oil
palm and Maize
(ISOPOM)
• ISOPOM scheme was launched in 2004 to provide flexibility and 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
33. DECEMBER 2015 3333Updated on October 14, 2016 For updated information, please visit www.ibef.org
HIGHLIGHTS OF THE BUDGET 2016 -17
Agriculture GVA
• Central Statistics Office (CSO) estimates the share of agriculture and 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 253.16 MMT
• Food grain production reached 253.16 million tonnes in 2015-16, in comparison with 252.68
million tonnes in 2014-15, which is projected to further increase to 280.6 million tonnes by
2020-21.
• MSP for every agriculture produce increased significantly
Agricultural center for
excellence
• Announcement of plans to establish centers of excellence in agriculture in Assam and
Jharkhand, agriculture universities in Andhra Pradesh and Rajasthan, and horticulture
universities in Telangana and Haryana.
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.
Source: Union Budget, Ministry of Agriculture, TechSci Research
NABARD - National Bank for Agriculture and Rural Development
AGRICULTURE
34. DECEMBER 2015 3434Updated on October 14, 2016 For updated information, please visit www.ibef.org
HIGHLIGHTS OF THE BUDGET 2016 -17
Source: Union Budget, Ministry of Agriculture, TechSci Research
NABARD - National Bank for Agriculture and Rural Development
AGRICULTURE
Funds Allocated
• To execute programmes related to sustainable management of ground water resources, an
estimated fund of USD0.92 billion has been assigned
• Provision of USD76.38 million to enhance production of pulses, under National Food Security
Mission in 622 districts
• Under Paramparagat Krishi Vikas Yojna (PKVY), promote organic farming and value chain
development in North East with a provision of USD62.94 million, for both.
• Under Pradhan Mantri Fasal Bima Yojana (PMFBY), a provision of USD840.2 million has been
made.
• The target for agricultural credit has been increased to USD137.5 billion. Provided USD2.3
billion budget estimate for farmers.
• The government allocated USD130 million for farmers to encourage to take up other allied
activities over next few years such as Pasudhan Sanjivini, Nakul Swasthya Patra, E-
Pashudhan Haat and National Genomic centre.
• To improve efficiency and performance of Krishi Vigyan Kendras (KVKs), a national level
competition for KVKs would be hosted with an award of USD0.08 million.
36. DECEMBER 2015 3636Updated on October 14, 2016
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 and
plant growth nutrients
• In India, commercial seeds only
account for minor percentage (25
per cent) and 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 and 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 and training farmers on
latest agricultural practices
• It introduces efficiencies into the
whole gamut of agri practices
• Provides assistance to sell
products at appropriate prices
37. DECEMBER 2015 3737Updated on October 14, 2016 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 2016 in agriculture services was USD1,844.31
million, whereas in agricultural machinery was USD434 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 and fisheries
• Helps in improving bilateral ties as well
38. DECEMBER 2015 3838Updated on October 14, 2016 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
Government Initiatives
• 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 Ministry of Food Processing Industries have taken few initiatives for developing the
food – processing sector that would enhance the exports of agro and processed foods and
income of farmers
• 250 markets Connected to e-NAM Platform as on October 2016. A total number of 585
markets are targeted to be integrated in first phase with e-NAM by March 2018
• During September 2016, Ministry of Agriculture & Farmers Welfare signed a MoU to
Promote Organic Farming on the Banks of River Ganga
• Government is planning to invest USD8 billion so as to revive 4 fertilizer plants and setting
up 2 plants to produce farm nutrients
• In 2014, USD682.31 million has been allocated for the development of first phase of farm
loan waiver scheme by the Government of Telangana. The scheme is expected to benefit
3.6 million farmers who have taken a loan of approx. USD1600 or below before March 31,
2014
• Financial Outlay of USD35.47 million has been announced under the National Dairy
Development Board (NDDB) to boost milk output and per animal production of milk
• Israel have strengthened its bilateral ties with India by helping the farmers to choose the
right crops or vegetables and multiplying income of farmers
39. DECEMBER 2015 3939Updated on October 14, 2016
CONTRACT FARMING: CHANGING THE FARM DYNAMICS … (1/3)
For updated information, please visit www.ibef.org
Companies
provide R&D and
agricultural
implements to
farmers
Regular and
timely payments
to farmers and
credit facilities
Reduces the price
risk fluctuations
and saves land
investments for
companies
Lesser logistics
cost for both,
farmers and
companies
Stable and 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 and
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
and 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 and land leasing arrangements to allow accelerated technology transfer, capital inflow and assured market for
crop production especially of oilseeds, cotton and horticultural crops”
40. DECEMBER 2015 4040Updated on October 14, 2016
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 and sesame seeds covering about 5000
acres in Kutch and Surendranagar district of Gujarat since last 8 years.
• The farmers get 7-8 per cent more price than ordinary cotton in current market and
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 govt. and shown keen interest in
doing research and contract farming in Agro-products in Gujarat under their backward
integration projects.
41. DECEMBER 2015 4141Updated on October 14, 2016
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
Pepsi Co
• Company supported farmers in
R&D and 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 and training to 5,600
farmers in Rajasthan
Barley
• Increase in yields from 1.9
tons a hectare to 3.8 tonnes
a hectare within the space of
one year
Others followed
the model
AGRICULTURE
43. DECEMBER 2015 4343Updated on October 14, 2016 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’ and 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 4444Updated on October 14, 2016 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)
140.50
174.30
185.30
233.61
266.45 265.14
286.28
297.26
214.53
FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
30.50
22.30
31.80
38.40
31.10 31.70
39.40
36.76
25.20
FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
46. DECEMBER 2015 4646Updated on October 14, 2016
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 4747Updated on October 14, 2016
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 4848Updated on October 14, 2016
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 4949Updated on October 14, 2016
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 5050Updated on October 14, 2016
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) 66.95
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 5151Updated on October 14, 2016
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