PM stresses for growth in agriculture sector

Wants it 4 percent or more in the next Plan

PTI | February 20, 2012



Prime Minister Manmohan Singh today said the agriculture sector is likely to achieve about 3.5 percent annual growth in the 11th Five-Year Plan, but stressed on scaling it up to 4 percent or more in the next Plan (2012-17).

Addressing the Golden Jubilee Convocation of the Indian Agricultural Research Institute (IARI) here, Singh said the government is committed to at least double the spending on research and development in the farm sector by the end of the 12th Five Year Plan from the existing level of about one per cent of gross domestic produce (GDP)

"It now looks as if agricultural growth is likely to be about 3.5 per cent per annum during the 11th Five-Year Plan (2007-12), which is much better than in the 10th Plan. This is a commendable achievement but we must improve upon it in the 12th Plan to reach 4 per cent or even higher," the Prime Minister said.

The agriculture sector remained sluggish during the 10th Plan period achieving merely 2.5 per cent expansion.

Singh emphasised that a determined effort is needed by both central and state governments to achieve the higher growth.

Stating that farm research is key element to achieve higher expansion, he said the agricultural research system needs to be strengthened to meet the future challenges.

"One requirement is the financial resources. Our government is committed to raising research and development spending as a whole to at least 2 per cent of the GDP by the end of the 12th Plan from the current level of about 1 per cent," he said.

Comments

 

Other News

Who checks the books?

I read about the news about the Coimbatore library over coffee this morning. On the face of it, the headline was about a political ‘war’ between the DMK and TVK. But what stayed with me was something much more important than the blame game behind what had transpired. A writer walking through

Development paradox: Falling poverty miracle and an inequality problem

India’s reduction in poverty over the past decade is a development achievement of considerable significance. The World Bank’s April 2026 ‘India Development Update’ estimates that the share of Indians living below the international extreme-poverty line of $3.00 per person per day i

In Arunachal, a river we call mother

In Arunachal Pradesh, the Siang is not just a river. For many of us, especially the Adi people, it is part of our family. Our grandparents fished in it. Children learned to swim in it. Our farms drink from it. When someone says a huge dam will be built on it, we do not hear the word "project".

A new retelling of the Mahabharata delves into key moments

In a time when every decision carries consequences and questions of ambition, power, loyalty, identity and moral choice continue to shape our lives, Dr. Arun Krishnan’s new book, ‘Mahakshana’ (Penguin India) offers a strikingly relevant retelling of the Mahabharata.  

Cabinet approves viability gap funding to develop grid-scale energy storage systems

The Union Cabinet, chaired by PM Narendra Modi, has approved the Viability Gap Funding (VGF) Scheme for Development of Grid-Scale Energy Storage Systems, with a total financial support of Rs.14,500 crore for the period FY 2026-27 to FY 2030-31. The scheme aims to support the development o

Cabinet creates a pathway to absorb Agniveers in Defence Forces

An objective assessment in terms of organisational requirements and operational efficiency has brought out the outstanding performance of Agniveers in terms of skills, motivation levels, physical fitness and technological prowess. As envisaged earlier, based on merit, 25% of Agniveers will be offered reg

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter