Lok Sabha Question No. 2901 (UNSTARRED), answered on 2016-03-15
Subject: Investment in Agriculture Sector
Ministry: AGRICULTURE AND FARMERS WELFARE
Asked by: KUNWAR HARIBANSH SINGH, K. KAMARAAJ, BIDYUT BARAN MAHATO, AJAY (TENI) MISRA, JAYAKUMAR JAYAVARDHAN, VIJAY KUMAR S.R., JASVANTSINH SUMANBHAI BHABHOR, RAMESH BIDHURI, PRATAPRAO GANPATRAO JADHAV

## GOVERNMENT OF INDIA MINISTRY OF AGRICULTURE AND FARMERS WELFARE DEPARTMENT OF AGRICULTURE, COOPERATION AND FARMERS WELFARE

## LOK  SABHA UNSTARRED QUESTION NO.2901

TO BE ANSWERED ON THE 15 TH   MARCH, 2016

## INVESTMENT IN AGRICULTURE SECTOR

2901.      KUNWAR HARIBANSH SINGH:

DR. K. KAMARAJ:

SHRI BIDYUT BARAN MAHATO:

SHRI AJAY MISRA TENI:

DR. J. JAYAVARDHAN:

SHRI S.R. VIJAYAKUMAR:

SHRI JASVANTSINH SUMANBHAI BHABHOR:

SHRI RAMESH BIDHURI:

SHRI PRATAPRAO JADHAV:

Will the Minister of AGRICULTURE AND FARMERS WELFARE कृ ष एवं कसान कयाण मंी be pleased to state:

- (a) whether the agricultural growth is lagging behind the targets fixed during the current Five Year Plan period;
- (b) if so, the details thereof and the reasons therefor;
- (c) the  details  of  investment  made  to  improve  the  performance  of  the  agriculture  sector during each of the last three years and the current year, year-wise;
- (d) whether there is any proposal to increase the investment and encourage Public Private Partnership (PPP) in the agriculture sector and if so, the details thereof; and
- (e) the comprehensive measures taken by the Government to increase the investments in this  sector  to  achieve  the  targeted  growth  rate  and  improve  the  condition  of  farmers  in  the country?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE AND FARMERS WELFARE

कृ ष एवं कसान कयाण मंालय म राय मंी (SHRI MOHANBHAI KUNDARIYA)

- (a) & (b): The  average  annual  growth  rate  of  agriculture  and  allied  sector  during  the  first four years of current Five Year Plan period(2012-17) has been 1.6 per cent  as  against the 12 th Plan target  of 4 per cent per annum.

Average growth rate of agriculture and allied sector during the above  period has been low on account of set back in the annual crop production except  for 2013-14 due to deficiency in  the  monsoon  rainfall,  moisture  stress  and  unfavourable  weather,  temperature  conditions adversely impacting production of Kharif and Rabi Crops.

(c):     The details of investment in terms of Gross Capital Formation (GCF) in agriculture and allied sector during last three years and the current year (at 2011-12 prices) are given as under:

(Rs. In Crore)

|         | (Rs. In Crore)         | (Rs. In Crore)         | (Rs. In Crore)   |
|---------|------------------------|------------------------|------------------|
| Year    | Investment(GCF) Public | in Agriculture Private | & Allied Total   |
| 2011-12 | 35715                  | 238717                 | 274432           |
| 2012-13 | 36078                  | 217230                 | 253308           |
| 2013-14 | 32472                  | 244694                 | 277165           |
| 2014-15 | 36061                  | 220434                 | 256495           |

(d) & (e): Government has issued a framework for Public Private Partnership for Integrated Agricultural Development (PPPIAD) by using Rashtriya Krishi Vikas Yojana (RKVY) allocations to bring greater association of private sector in agricultural development projects in the States.

As agriculture is a State subject, it is the responsibility of States to take necessary steps for  holistic  development  of  agriculture  and  improve  the  condition  of  farmers  based  on  local needs and priorities.

Government has taken several steps for increasing investment in agriculture sector such as enhanced institutional credit to farmers; promotion of scientific warehousing infrastructure for increasing  shelf  life  of  agricultural  produce;  setting  up  of  Agri-tech  Infrastructure  Fund  for making farming competitive and profitable; developing commercial organic farming etc.

Further, under the Rashtriya Krishi Vikas Yojana (RKVY), which is a major scheme for incentivizing  States  to  increase  investment  in  agriculture  and  allied  sectors,  35%  of  annual outlay has been earmarked for infrastructure and asset development.

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