It could help government to get closer to doubling farmers’ incomes by 2023
The Indian Express Dated: June 08, 2020 By: Ashok Gulati Let us start with some good news on the economic front. During the first year (2019-20) of the second term of the Narendra Modi government, gross value added (GVA) in agriculture and allied sectors registered a growth of 4 per cent. This is commendable, especially when juxtaposed with the growth of overall GVA of the economy at 3.9 per cent, and overall GDP (including net taxes) at 4.2 per cent. And even in 2020-21, when the impact of COVID-19 will be on full display, and when the GDP may register a negative growth of as high as -5 per cent, agriculture may still surprise with a positive growth of 2.5 per cent, as per CRISIL’s recent forecast. Agriculture matters not just for food security, but also for the good of the masses, since almost 44 per cent of the country’s labour force is engaged in agriculture. So, “sabka saath, sabka vikas, sabka vishwas” will not be possible unless agriculture performs in a susta