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Informist, Friday, Jun. 27, 2025

 

NEW DELHI – The gross value added of agriculture and allied sectors at current prices grew 225%, increasing to INR 48.78 trillion in 2023-24 (Apr-Mar) from INR 15.02 trillion in FY12, a release from the Ministry of Statistics and Programme implementaion read. The gross value of output from the agriculture and allied sector at constant prices grew by 54.6%, rising to INR 29.5 trillion in FY24 from INR 19.08 trillion in FY12, the release added.

 

The crop sector, it said, remained the largest contributor to the total gross value output, with a share of 54.1% in FY24. Cereals and fruits and vegetables together accounted for 52.5% of the total crop gross value output, with paddy and wheat constituting approximately 85% of the value output of all cereals. Uttar Pradesh, Madhya Pradesh, Punjab, Telangana, and Haryana were the top contributors to cereal value output, and Uttar Pradesh maintained its top position despite a reduced share to 17.2% in FY24 from 18.6% in FY12.

 

In the fruit group, banana surpassed mango as the top contributor, with a value output of INR 470 billion in FY24, compared to mango's INR 461 billion. Notably, mango was the top-most contributor in the fruit group consistently from FY12 to FY22. Potato remained the top-most contributor in the vegetable group, with its gross value output increasing to INR 372 billion in FY24 from INR 213 billion in FY12.

 

Floriculture has experienced significant growth, with its gross value output nearly doubling to INR 281 billion in FY24 from INR 174 billion in FY12, "reflecting rising commercial interest and diversification in horticulture," the release said. The composition of state-wise contributions to the gross value output for 'fruits and vegetables' and floriculture has changed noticeably from FY12 to FY24, indicating shifts in production dynamics and regional agricultural growth.

 

The livestock sector has also shown an impressive growth, with the gross value output increasing to INR 9.19 trillion from INR 4.88 trillion in the same time period. Milk remained the dominant component, although its share decreased slightly to 65.9% in FY24 from 67.2% in FY12. In contrast, the share of the meat group in the total gross value output of the livestock sector increased to 24.1% from 19.7%.

 

"The forestry and logging sector displayed moderate but consistent growth, with its gross value output increasing to INR 2.27 trillion from INR 1.5 trillion in the same time period. Share of the value of industrial wood has surged from 49.9% in FY12 to 70.2% in FY24," the ministry said.

 

The 'fishing and aquaculture' sub-sector is becoming increasingly important in India's agricultural GVA, with its contribution significantly rising to 7.0% in FY24 from 4.2% in FY12. While the share of inland fish decreased to 50.2% in FY24 from 57.7% in FY12, the share of marine fish increased to 49.8% from 42.3%.

 

"Significant shifts have been observed in the gross value output in fisheries in the two major contributing states of West Bengal and Andhra Pradesh during the period FY12 to FY23," the release said. Madhya Pradesh has emerged as a top contributor in the 'condiments & spices' group, with a share of 19.2% in FY24, followed by Karnataka and Gujarat, the release said.   End

 

Reported by Pallavi Singhal

Edited by Akul Nishant Akhoury

 

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