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Press Information Bureau
Government of India
Ministry of Agriculture
09-December-2011 16:7 IST
As per the estimates from Central Statistics Office (CSO), the share of agriculture and allied sector in GDP of the country has declined from 47.6% in 1960-61 to 14.4% in 2010-11 at 2004-05 prices. This is due to structural changes in the economy and more employment opportunities coming up in new areas. The details of the share of agriculture sector in Gross Domestic Product (GDP) of the country from the decade of sixties till the present decade is in the table below:
Year | GDP SHARE OF AGRICULTURE & ALLIE SECTORS TO TOTAL ECONOMY – at 2004-05 prices (%) |
1960-61 | 47.6 |
1970-71 | 41.7 |
1980-81 | 35.7 |
1990-91 | 29.5 |
2000-01 | 22.3 |
2010-11 | 14.4 |
The Government has launched several schemes to increase investments in agriculture sector and thereby improve agriculture’s performance in the overall economy.
This information was given by Shri Harish Rawat, Minister of State for Agriculture and Food Processing Industries in written reply to a question in the Rajya Sabha today.
Share of agriculture in GDP falls due to structural shifts; government stresses investment schemes to strengthen the sector. The share of agriculture and allied sectors in GDP has declined significantly from the 1960s to 2010-11 due to structural economic transformation and the growth of non agricultural employment; the Government has launched schemes to increase investment in agriculture to improve its performance in the overall economy.Press 'Enter' after typing page number.