Business Standard

India's agriculture growth not helping farmers, prices at 10-year low

Infact, going into the crucial 2019 general elections, this could lead to big worries for the ruling BJP

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Sanjeeb Mukherjee New Delhi
India's agriculture growth is projected at 3.8 per cent during the 2018-19 financial year, almost 0.4 per cent more than last year. However, the rise isn't expected to fetch any remunerative return for farmers for the second year in a row. 

Data from Central Statistics Office (CSO) showed that Gross Value Added (GVA) for agriculture and allied activities in 2018-19 is expected to remain flat at 3.8 per cent, both at current and constant prices. This also suggests that farm product prices, which rose by just 1.1 per cent in 2017-18, would show a zero per cent rise this year. 

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