India’s Agriculture Growth in Last 5 Years

Posted by shaik khalandhar on March 11th, 2020

India is primarily an agricultural country. This particular domain, accompanied by its popular domains, is undoubtedly the biggest provider of livelihood in this country. Many other domains are also dependent on the agriculture domain for their raw materials.

Nowadays, more and more facilities are given to the agriculture sector, such as heavy investments in technology growth, stress on the latest agricultural practices, irrigation infrastructure, and facility of agricultural subsidies and credit are the key factors that have been contributed to the advancement of agriculture.

The agriculture of India has experienced a fast transformation in the last two decades. Globalization, as well as liberalization policy, has unlocked more and more ways for the advancement of agriculture. It results in diversification and commercialization, however, it has also promoted multiple institutional as well as technological growth, thanks to investments from corporate industries.

Today, India is producing food grains of 250 million tonnes (MT) in a consistent way, rice of 100 MT, wheat of 90 MT, the cotton of 35 million bales, and over 18 MT of pulses. The overall growth has been predominantly streamlined by Krishi Vigyan Kendras (KVK) system that has been spread throughout the country.

Department of Agriculture and Cooperation works under the Ministry of Agriculture is the prime organization that is responsible for the growth of the agriculture domain in this country. This particular organization is responsible for the implementation as well as the formulation of national policies as well as programs that are aimed at the achievement of the rapid growth of agriculture via optimum land, soil, water, and plant resources’ utilization of this country.

The agriculture domain in India is said to grow at 2.1 percent in the session 2017-18 that is followed by Industry (4.4 percent) as well as services (8.3 percent), as per the Economic Survey 2017-18. As per the Economic Survey, the aim of the government is to double the income of farmers by the year 2022 due to which it has introduced multiple new initiatives that are associated with activities, ranging from seed to marketing.

Credit from institutional sources is going to complement all of the government initiatives, such as Input Management, Soil Health Card, PMFBY, e-Nam, PMKSY, Per Drop More Crop, and so on (as per the survey). The farmers of India are adapting them to the process of farm mechanization at a faster rate, as compared to the recent past.

The Economic Survey also stated that the sale of tractors to a larger extent reflects the mechanization level. The very popular Indian tractor industries have come into the picture as the biggest in the world and it is also said to produce around one-third portion of total tractor production worldwide.

As per the estimation of the World Bank, half of the population in India would be urban by 2050. According to the estimation, some portion of agricultural workers in the total workforce would fall to 25.7 percent by the year 2050 from 58.2 percent in the year 2001. In this way, there is a requirement for enhancing the degree of farm mechanization in India.