Lok Sabha Question No. 392 (UNSTARRED), answered on 2015-12-01
Subject: Investment in Agriculture
Ministry: AGRICULTURE AND FARMERS WELFARE
Asked by: B.N. CHANDRAPPA, DODDAALAHALLI KEMPEGOWDA SURESH, SURESH KODIKUNNIL, NALIN KUMAR KATEEL, VIJAY KUMAR S.R.

## GOVERNMENT OF INDIA MINISTRY OF AGRICULTURE AND FARMERS WELFARE

## DEPARTMENT OF AGRICULTURE, COOPERATION AND FARMERS WELFARE

## LOK  SABHA UNSTARRED QUESTION NO.392

TO BE ANSWERED ON THE  1 ST  DECEMBER, 2015

## INVESTMENT IN AGRICULTURE

392.   SHRI B.N. CHANDRAPPA:

SHRI D.K. SURESH:

SHRI KODIKUNNIL SURESH:

SHRI NALIN KUMAR KATEEL:

SHRI S.R. VIJAYAKUMAR:

Will the Minister of AGRICULTURE AND FARMERS WELFARE ‡ãðŠãäÓã एवं किसान िल्याण ½ãâ¨ããè be pleased to state:

- (a) whether the contribution of agriculture and allied sectors to the Gross Domestic Product (GDP) has increased during each of the last three years and the current year;
- (b) if so, the details thereof;
- (c) whether  inflow  of  foreign  direct  investment  (FDI)  into  agriculture  and  allied sectors is very low in comparison to that of other sectors in the country;
- (d) if so, the details thereof and the reasons therefor; and
- (e) the measures taken by the Government to attract more FDI in agricultural sector?

## ANSWER

MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE AND FARMERS WELFARE ‡ãðŠãäÓã एवं किसान िल्याण ½ãâ¨ããÊã¾ã ½ãñâ Àã·¾ã ½ãâ¨ããè ( SHRI MOHANBHAI KUNDARIA )

- (a) & (b): As  per  latest  Estimates  released  by  Central  Statistics  Office  (CSO),  the details  of  contribution  of  agriculture  and  allied  sectors  to  the  Gross  Domestic  Product (GDP) of the total economy during 2011-12 to 2014-15 are as under:

## (at current prices)

| Year    |   Contribution of agriculture & allied sectors to the GDP of total economy (in percent) |
|---------|-----------------------------------------------------------------------------------------|
| 2011-12 |                                                                                    18.4 |
| 2012-13 |                                                                                    18   |
| 2013-14 |                                                                                    18   |
| 2014-15 |                                                                                    17   |

(c) & (d): As  per  data  on  sector-wise  Foreign  Direct  Investment  (FDI)  inflows maintained by the Department of Industrial Policy & Promotion (DIPP), Government of India, during April 2000 to June 2015, FDI inflows in the agriculture services has been US $ 1763.57 Million (i.e.  Rs.8747.4  crore)  which  is  higher  than  the  FDI  inflows  into sectors  like  textiles,  mining  and  electronics.  However,  FDI  inflows  in  the  agriculture services during the above period has been lower as compared to computer software & hardware, telecommunications, automobiles  etc. In agriculture machinery, FDI inflows during the above period has been US $ 418.65 million.

(e): To attract more FDI in agriculture sector, 100% FDI has been allowed in coffee, rubber, cardamom, palm oil tree and olive oil tree plantations, besides tea plantation in which FDI has already been allowed.

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