admin
  • Indian economy is broadly divided into 3 sectors which contribute to the gross domestic product of (GDP)1 of the country namely agriculture and allied activities, industry and services.
  •  

  • Agriculture and allied activities include agricultural products, livestock, forestry & logging, fishery.
  •  

  • Share of agriculture and allied activities sector to total GDP was 13.94% in FY2014.
  •  

  • Over the years, there has been a continuous decline in the share of agriculture and allied activities sector to total GDP from around 52% in FY1951 to around 14% in FY2014.
  •  

  • The falling share of agriculture and allied sectors in GDP can be attributed to the expected outcome of a fast growing and structurally changing economy.
  •  

Agriculture & Allied activities Sector Contribution to total GDP

 

  • Agriculture and allied activities sector grew by 4.7% in FY2014 compared to a 1.4% growth in FY2013.
  •  

  • Post the negative growth in FY2003, agriculture and allied activities sector has shown positive average growth of around 4.09% (FY2004 to FY2014).
  •  

Trend of Agriculture & Allied activities-GDP & Growth

 

  • Gross capital formation (GCF) in agriculture and allied Sectors as % to GDP in this sector has been showing a steady increasing trend from 13.5% in FY2005 to 21.2% in FY2013.
  •  

  • Agriculture and allied activities sector GCF share to total GCF was 7.7% for FY2014.
  •  

Agritulture & Allied activities sector Gross Capital Formation

 

To read more, Download PDF