Question : INDUSTRIAL AND AGRICULTURAL DEVELOPMENT



(a) whether it is a fact that the agricultural and industrial development of the country has not been encouraging;

(b) if so, the agricultural and industrial output during each of the last three years; and

(c) the steps the Government propose to take to encourage the agricultural and industrial sectors?

Answer given by the minister


MINISTER OF STATE (INDEPENDENT CHARGE) OF THE DEPARTMENT OF DISINVESTMENT, MINISTER OF STATE IN THE MINISTRIES OF PLANNING, STATISTICS & PROGRAMME IMPLEMENTATION AND MINISTER OF STATE IN THE DEPARTMENT OF ADMINISTRATIVE REFORMS, PUBLIC GRIEVANCES (SHRI ARUN SHOURIE)

(a) & (b): The value added in agricultural and industrial sectors at factor cost, during each of the last three years as per the Quick Estimates of National Income, Consumption Expenditure, Saving and Capital Formation - 1999-2000 brought out by the Central Statistical Organisation, are indicated in the table below along with their respective annual growth rates.

Value added at 1993-94 prices	Rate of Growth	(Rs. Crore)	over the previous Year(%)
1997-98 1998-99 1999-2000 1998-99 1999-2000
AGRICULTURE 269282 288401 290334 7.1 0.7 INDUSTRY 281863 291429 310162 3.4 6.4



(c) : Bringing down the fiscal deficit and rate of inflation, augmenting the public investment and public savings, appropriate pricing of services, competition policy, effective targeting of subsidy etc. are some of the measures suggested in the Mid Term Appraisal of Ninth Five Year Plan.