Sustainable Agricultural Growth in India: Issues and Challenges

Agriculture is the primary source of livelihood for about 58% of India?s population. Gross Value Added by agriculture, forestry, and fishing was estimated at Rs.19.48 lakh crore (US$ 276.37 billion) in FY20. As per 1st advance estimates of National Income FY22, the percentage share of GVA of Agriculture and Allied Sectors (at current prices) is 18.8% of the total GVA. Consumer spending in India will return to growth in 2021 post the pandemic-led contraction, expanding by as much as 6.6%. Agriculture and allied activities recorded a growth rate of 3.6% at constant prices in FY21.