Q. Consider the following statements regarding agriculture growth in India:
1.The Indian agriculture sector has been growing at an average annual growth rate of 4.6 per cent during the last six years.
2.In recent years, India has also rapidly emerged as the net exporter of agricultural products.
Which of the statements given above is/are correct?
Answer: C
Notes:
Explanation: With its solid forward linkages, the agriculture and allied activities sector significantly contributed to the country’s overall growth and development by ensuring food security.
- The Indian agriculture sector has been growing at an average annual growth rate of 4.6 per cent during the last six years. It grew by 3.0 per cent in 2021-22 compared to 3.3 per cent in 2020- 21.
- In recent years, India has also rapidly emerged as the net exporter of agricultural products.
- In 2020-21, exports of agriculture and allied products from India grew by 18 per cent over the previous year. During 2021-22, agricultural exports reached an all-time high of US$ 50.2 billion.
Source: Economic Survey 2023