Question : INVESTMENT IN AGRICULTURE SECTOR

(a) the amount of investment made in the agriculture sector through various schemes and projects during the last three years and the current year;

(b) whether there has been a constant decline in the investments including private investment made in farm sector as compared to other sectors;

(c) if so, the reasons therefor;

(d) whether the Government has formulated any scheme to increase the investment including private investment in farm sector; and

(e) if so, the steps taken by the Government in this regard?

Answer given by the minister

MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE (SHRI KANTI LAL BHURIA)

(a): The amount of investment made in the agriculture sector through various schemes and projects in the last three years and current year are as follows:

(Rs. in crore)
S.No.	Year	BE	RE	Expenditure
1.	2005-06	4209.32	3920.00	3848.15
2.	2006-07	4840.00	4900.00	4679.86
3.	2007-08	5560.00	6927.94	7.49.36
4.	2008-09	10105.67	4305.46provisional
 upto 30.09.2008

(b)&(c): The total investment (including public and private) in agriculture & allied sectors as well as in other sectors during the period 2002-03 to 2006-07 are as under:

(Rs. crore)	at constant (1999-2000) prices
S.No.	Industry/Sector	2002-03	2003-04	2004-05	2005-06@	2006-07
1.	Agriculture & allied	55668	53541	57759	64511	71208
2.	Mining,	220491	275322	389111	489260	563198	manufacturing,	electricity &	construction
3.	Services	266202	282217	300840	336917	384035
Total	542361	611080	747710	890688	1018441
@Provisional estimates Quick estimates
Source:	Central Statistical Organization.

(d)&(e): Public as well as private sector participation is encouraged in developing agricultural marketing infrastructure and in providing alternate marketing channels for agri-produce in order to facilitate establishment of private markets, allow direct marketing and contract farming to improve post-harvest management under the Central Sector Scheme for Development/Strengthening of Agricultural Marketing Infrastructure, Grading and Standardization. Under the Central Sector Scheme â€œDevelopment and Strengthening of Infrastructure Facilities for Production and Distribution of Quality Seedsâ€, assistance is provided for boosting seed production in the cooperative, public and private sector.

Government has launched Rashtriya Krishi Vikas Yojana (RKVY), a State Plan Scheme, for the Eleventh Plan period to incentivise the states to increase public investment in Agriculture and allied sectors. The funds under the RKVY would be provided to the States as 100 per cent grant by the Central Government. An outlay of Rs. 25,000 crore for the Eleventh Plan Period (2007-08 to 2011-12) has been approved under the scheme.

Question : INVESTMENT IN AGRICULTURE SECTOR

Answer given by the minister

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