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Mining and agriculture lag behind other sectors in terms of GVA growth in Jan-Mar '18

tes by the Central Statistics Office (CSO). As compared to a growth rate of 6.3 percent witnessed in 2016-17, the growth rate in real Gross Value Added (GVA) by the agrarian sector (i.e., increase in Agricultural GVA after neutralizing the effect of price inflation) had nearly halved to reach 3.4 percent in 2017-18.  The recently released provisional estimates has revised the growth in real GVA by the agrarian sector during 2017-18 to 3.4 per

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Agricultural sector growth slows down to 3%, show new estimates

The Central Statistics Office (CSO) has recently made an upward revision to the growth to be experienced by the agrarian economy in the present crop year (viz. from July, 2017 to June, 2018). The growth in real Gross Value Added (GVA) by the agrarian sector as a whole is expected to be 3.0 percent in 2017-18 as per the second advance estimates of national income for 2017-18, which was released by the Ministry of Statistics & Programme Implementation (MoSPI) on 28th February, 2018. The

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Tracing the economic roots of discontent among farmers -Roshan Kishore

ear growth in agricultural Gross Value Added (GVA) at constant prices was -0.19% and 0.69% in these two years. Farm growth has performed better in the third and fourth years of the government. Annual Agricultural GVA growth for 2016-17 and 2017-18 is 4.9% and 2.1%. Ironically, the farm-distress narrative has been stronger in the latter phase. The BJP’s poor showing in rural Gujarat and the mushrooming of farmer-protests in many states supports t

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Agriculture ministry differs with CSO over estimated growth of farm sector

  The Ministry of Agriculture and Farmers Welfare has contended that the growth in real Gross Value Added (GVA) by the agrarian sector will not decline in 2017-18 vis-à-vis 2016-17 as has been predicted by the Central Statistics Office (CSO). The first advance estimates of CSO show that the growth rate in GVA at basic price (at 2011-12 prices) of the 'Agriculture, forestry & fishing' sector is likely to dip from 4.9 percent to 2.1 percent between 2016-17 and 2017-18 (pl

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Rising input prices keeping down net crop incomes in many states, observes new report

Consumer Price Index for Agricultural Labourers (CPIAL) exceeded that of the growth rate in Gross Value Added (GVA) originating from agriculture. Please check chart-1. Chart-1: Annual Growth in Agricultural GVA and CPIAL (in %)       Source: Chapter 5: Analysis of Changes on Input Costs and Crop Income, in Volume II: “Status of Farmers’ Income: Strategies for Accelerated Growth”: Inter-linka

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Farm provides growth impetus

ion of the monsoon in 2017 would be crucial in determining kharif sowing and production dynamics. Following the record-high growth of most crops in 2016-17, our baseline expectation is that growth of Agricultural GVA would moderate appreciably in 2017-18 from 4.9 per cent in 2016-17," Aditi Nayar, principal economist with ICRA, said. According to the data, rice production is estimated at a record 109.15 million tonnes, wheat at a record 97.44m

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