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Agri sector growth projected at 4% in FY26; Niti Aayog emphasizes need for 5% growth.
Summary
Niti Aayog member Ramesh Chand projects India's agricultural sector to grow at approximately 4% in FY26, a slight dip from 4.6% in the previous fiscal year. The article emphasizes the importance of achieving a 5% growth rate for the agriculture sector to support India's goal of becoming a developed nation.
Key Points
- Projected agricultural growth for FY26: 4%.
- Agricultural growth in the previous fiscal year: 4.6%.
- Source: Niti Aayog member Ramesh Chand.
- Significance: Achieving 5% growth is crucial for India's developed nation goal.
Full Article
India's agriculture sector growth is projected to be around 4% in FY 2025-26, a slight decrease from the 4.6% in the previous fiscal. Niti Aayog member Ramesh Chand noted that while overall farm growth has been historically high, achieving 5% is crucial for India's developed nation goal.
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