28-02-2013 07:05 AM | India

Indian agriculture sector performs well

Despite agriculture and allied activities accounting for only 14.1 per cent of the GDP in 2011-12, the Economic Survey recognises the sector’s role in the country’s economy as ‘much bigger’ with its share in total employment being as high as 58.2 per cent.

Fast agriculture growth and reforms in the sector remain vital for jobs, income and food security, the Survey notes, while reinforcing the need for setting the growth target at 4 per cent. In the last five years, the growth rate achieved has been an average of 3.6 per cent, which remained short of the target of 4 per cent.
Full Story : The Hindu