Indian Agriculture: 2013 was significant, foodgrains is likely to reach record level

The year 2013 has been significant for Indian agriculture. The production of foodgrains is likely to reach record level; in a year in which other economic parameters have not been too encouraging, agriculture growth is likely to surpass the target of 4%.


Public Investment in the farm sector has gone up and States are constantly being incentivized to come up with new schemes. Credit flow to the sector is increasing year after year. Strategies adopted at the beginning of major cropping seasons for ensuring quality seed and fertilizer are paying dividends. Time bound crop-specific initiatives have been taken and special plans drawn up for new areas with potential for higher yield. Such initiatives have resulted in resurgence of Indian agriculture that is helping the country not only meet the rising domestic demand but also earn precious foreign exchange.