AGRICULTURE IN INDIA : AGRICULTURE IN INDIA GROUP 8
Atul Pandey(54) 1 Contents : Contents Introduction
Employment in Agriculture sector
Facts & figures
Conclusions 2 Introduction : Introduction One of the strong sector of Indian economy(18% of GDP).
Around 58 % population of India depends on Agriculture.
Average growth rate of agriculture and allied sector in 2006-07 & 2007-08 has been 4% per annum.
140.7 million hectare area is available for sown.
Major agricultural products include rice, wheat, oilseed, cotton, jute, tea. 3 History : History Indian agriculture began by 9000 BC as a result of early cultivation of plants.
Double monsoon leads two harvest in a year.
The Grow More Food Campaign (1940s) and the Integrated Production Program (1950s) focused on food and cash crops supply respectively.
In 1960s Green revolution took place.
Agriculture production rose.
Export increased at 10% in 1990s. 4 Production : Production India is largest producer of coconuts, mangoes, bananas, cashew nuts, pulses, ginger.
Second largest producer of rice, wheat, cotton, fruits and vegetables.
A growth of 3.2% is projected during fiscal year 2009.
Among cereals production, India is placed third,
having second largest production in wheat
and rice and the largest production in pulses. 5 Slide 6: Bt cotton is the only commercialized Biotech crop in India.
3.8 million hectare of land is under its production.
Coffee production is over 293000 metric tonnes and tea production is over 981 million kg.
The allied sectors like livestock, fishing and forestry are
projected with growth rate 4.8% in fiscal year
2009. 6 Production (2008) : Production (2008) 7 Fertilizers : Fertilizers Increase in fertilizers with time
Bio fertilizers, chemical fertilizers, urea fertilizers, compost, organic fertilizers, etc. 8 Development : Development Domestic production of food grains was not adequate to meet domestic demand.
Programs like The Grow More Food Program, the Community Development Program and Intensive Area development Programs – To regenerate Indian agriculture.
Green Revolution came as a breakthrough for India
There was a constant improvisation in the technology in agriculture for better yield of crops and better profit. 9 Green Revolution : Green Revolution The introduction of high yielding varieties of seeds after 1965 and increased used of fertilizers and irrigation is collectively known as green revolution.
Dr Norman Borlaug - Father of Green Revolution
Many famines in India before it and in 1961 was on a brink of a mass famine and were considered inevitable
Indian agriculture - Low growth rate of 0.3% per annum.
So massive expansion of HYV production started with use of fertilizers. 10 Outcome of Green Revolution : Outcome of Green Revolution Food grain production grew from 50.8 million tonnes in 1950/51 to 500 million tonnes in 2001/02.
Food imports were almost eliminated.
In 1970s cost of rice was $550 a ton and it reduced to under $200 a ton.
Extension of irrigation facilities, better agricultural techniques, water management, plant protection etc improved. Contd… : Contd… In 1980s despite of three years of meager rainfall and a draught in the middle of decade, India managed to get along with very few food imports.
India became self-sufficient in early 1990s in food grain production and later it also started exporting food grains in other parts of the world. Employment in Agriculture : Employment in Agriculture 60% Indian population employed in Agriculture
In 2008, Indian agro-based companies attracted a host of private equity players
The Mahindra & Mahindra (M&M) group’s agri-business initiative, Mahindra ShubhLaabh Services (MSLS), has tied-up with the Netherlands-based HZPC, the world’s largest seed potato supplier.
Blackstone invested US$ 50 million in Hyderabad-based Nuziveedu seeds.
Morgan Stanley picked up a minority stake for US$ 36.51 million in castor oil maker, Biotor Industries, through its Asia fund. 13 Investment : Investment 14 Investment : Investment 15 Subsidies : Subsidies In 2007 govt. has waived loans of worth Rs. 75000 crore 16 Exports : Exports India’s overseas shipments of coffee rose by 9.6 per cent to 300,000 bags even as global coffee exports decreased by 1 per cent.
India's natural rubber exports have increased by 38 per cent in the April-July 2008–09.
Spice exports registered a 17 per cent increase in revenue in rupee value and five per cent in quantity this year compared to last year.
India exported 1.40 million tones of oil meal in the first three months of the current financial year, up 70 per cent from the corresponding period last year.
Cashew exports touched US$ 413.21 million, an increase of 40.2 per cent during the April-November period of 2008–09. 17 Export : Export 18 Credit : Credit Total credit to agriculture is increased from Rs. 62045 crore in 2001-02 to Rs. 200000 crore in 2007-08
Priority sector lending
Kisan credit card
In 2006-07 co-operatives given Rs. 42480 crore 19 Facts & Figures : Facts & Figures Contributes to 18% of GDP
Provides food to 1Billion people
Sustains 65% of the population : helps alleviate poverty
Produces 51 major Crops
Provides Raw Material to Industries
Contributes to 1/6th of the export earnings
One of the 12 Bio-diversity centers in the world with over 46,000 species of plants and 86,000 species of animals recorded 20 Conclusion : Conclusion Agriculture is set to play a more dynamic role in the economy.
A progressively larger number of states have been amending their Agricultural Produce Marketing Committee (APMC) Act, to allow farmers to directly sell their produce to the buyers.
Agriculture credit is likely to touch US$ 49.05 billion in 2008
Total investment is up from 10.2 per cent in 2003–04 to 16 per cent for the 11th Plan.
Significantly, services related to agro and allied sectors have been thrown open to 100 per cent foreign direct investment (FDI) through the automatic route. 21 Thank you for your kind attention. : Thank you for your kind attention. 22 Facts & Figures : Facts & Figures Total Geographical Area - 328 million hectares
Net Area sown - 142 million hectares
Gross Cropped Area – 190.8 million hectares
Major Crop Production (1999-2000)
Rice 89.5 million tonnes
Wheat 75.6 million tonnes
Coarse Cereals 30.5 million tonnes
Pulses 13.4 million tonnes
Oilseeds 20.9 million tonnes
Sugarcane 29.9 million tonnes 23