Budget 2017 Wishlist: Expectations from the agriculture sector

Industry size 

All Categories: $236 billion ( Rs 1,600,000 cr)

Employment figure 

90 million person days 

Contribution to Gross Value Added (GVA)

Agriculture contributes 15.4% of GVA

 

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Key Issues or Areas of Concern

1. Infrastructure development initiatives for post-harvest products are in its preliminary phase. Post-harvest losses account for Rs 92,651 cr.

2. Instances of crop failure due to adverse climatic conditions is another major issue faced by the agricultural economy. 

3. PMFBY (Pradhan Mantri Fasal Bima Yojana) has shown a good uptake from the farmers which minimises risk of