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Drop in agriculture’s contribution to GDP

The findings of the Ministry of Statistics and Programme Implementation (MoSPI) suggest that there has been a drop in the share of agriculture, forestry and fishing in India’s gross value added (GVA) from 18.6% in 2013-14 to 17.9% in 2016-17. The report also noted that from 2011-12 to 2016-17, India’s economy grew 8.2% in 2016-17.

It also remarks that India ranks first in the world in arable land, third in production of cereals; second in groundnut, fruits, vegetables, sugarcane, tea; and first in jute. Further, in 2016, India had the largest herds of buffalo and ranked second in cattle. It stood third in sheep; second in goat and sixth in chicken population. It is also the largest producer of milk; third in production of eggs and sixth in production of meat. Among fruits, output was highest for mangoes, followed by banana, according to the report.