Question : DECLINE IN CAPITAL FORMATION IN AGRICULTURE SECTOR



(a) whether there is a decline in capital formation in agricultural sector of the country;

(b) if so, the details thereof;

(c) whether any survey has been conducted to assess the same;

(d) if so, the details of the results; and

(e) the methods adopted by the Government to solve these issues?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PAWAN KUMAR BANSAL)

(a) to (e) Gross capital formation in Agriculture sector (including forestry and fishing) at 1999-2000 prices increased from Rs. 50151 crore in 1999-2000 to Rs. 52839 crore in 2004-05 (Quick estimates).