Question : Investment in Agriculture

(a) whether public investment in agriculture has come down continuously in the country during the last three years and the current year;

(b) if so, the details thereof and the reasons therefor;

(c) whether this reduction has led to a negative impact on the growth rate of agricultural sector in the country; and

(d) if so, the details thereof and the steps taken in this regard?

Answer given by the minister

MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE AND FARMERS WELFARE

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(a) & (b): The public investment in agriculture and allied sector (at 2011-12 prices) during 2011-12 to 2014-15 (latest available) is given below:

(Rs. In Crore)
Year Public Investment
(At 2011-12 prices)
2011-12 35715
2012-13 36078
2013-14 32472
2014-15 36061
Source: Central Statistics Office (CSO), MOS&PI

(c) & (d): The variation in growth of Gross Value Added (GVA) have been mainly on account of weather and rainfall scenario in the country. Due to deficit / deficient rainfall, growth in GVA of agriculture & allied sector suffered a setback during 2014-15 and 2015-16. Details of growth rate in GVA of agriculture & allied sector during the above period are as under:

Year Growth rate in GVA of agriculture & allied sector (%)
At 2004-05 constant prices
2011-12 5.0
At 2011-12 constant prices
2012-13 1.5
2013-14 4.2
2014-15 -0.2
2015-16 1.2
Source: Central Statistics Office (CSO), MOS&PI

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