Prelims: Current events of national and international importance | Economy | Agriculture
Why in News?
India’s agriculture and allied sectors are witnessing a significant transformation, marked by rising productivity, stronger farmer support systems, and greater resilience.
- Livelihood support – It provides livelihoods to approximately 46.1% of the workforce.
- Gross Value Added – Rose from Rs 20.94 lakh crore in 2014-15 to an estimated Rs 52.08 lakh crore in 2025-26.
- Harvesting Higher Production
- Support to Farmers – Direct support to farmers has expanded through schemes such as Kisan Credit Card (KCC), Pradhan Mantri Kisan Maandhan Yojana, etc.
- PM-KISAN – More than Rs.4.47 lakh crore has been transferred directly into farmers’ bank accounts.
- PM Fasal Bima Yojana – More than 92.46 crore farmer applications have been insured since the scheme’s launch in 2016-17.
- Milk Production – India holds the leading global position, accounting for nearly 25% of global output.
- Poultry & meat production – It also expanded, with India ranking 2nd in egg production and 4th in meat production globally.
- Significant Expansion – India’s agriculture & allied sectors have witnessed significant expansion over the past decade, with
- Higher agricultural production,
- Increased farmer support,
- Wider access to institutional credit and
- Growing adoption of technology and sustainable farming practices.
Reference
PIB | New Era of Indian Agriculture and Allied Sectors
