Agriculture Sector in India
Agriculture Sector in India Indian Agri exports is likely to reach US$ 60 billion by 2022. Essential agricultural commodities export for April-September 2020 increased by 43% as compared to same period last year to Rs. 53,626 crore. Agriculture is the primary source of livelihood for about 58% of India’s population. Gross Value Added by agriculture, forestry, and fishing was estimated at Rs. 19.48 lakh crore in FY20. Share of agriculture and allied sectors in gross value added (GVA) of India at current prices stood at 17.8 % in FY20. Consumer spending in India will return to growth in 2021 post the pandemic-led contraction, expanding by as much as 6.6%. The Indian food industry is