Page 632 - ES 2020-21_Volume-1-2 [28-01-21]

Agriculture & Food Management 259

¾ Gross Capital Formation (GCF) in agriculture and allied sectors relative to GVA in this
sector has been showing a fluctuating trend from 17.7 per cent in 2013-14 to 16.4 per cent
in 2018-19, with a dip to 14.7 per cent in 2015-16.

¾ In the Agriculture year 2019-20 (as per Fourth Advance Estimates), total food grain
production in the country is estimated at record 296.65 million tonnes which is higher by
11.44 million tonnes than the production of food grain of 285.21 million tonnes achieved
during 2018-19.

¾ The agricultural credit flow target for the year 2019-20 was fixed at ` 13,50,000 crores
and against this target the achievement was ` 13,92,469.81 crores. The agriculture credit
flow target for 2020-21 has been fixed at ` 15,00,000 crores and till 30th November, 2020
against this target a sum of ` 9,73,517.80 crores has been disbursed.

¾ Consequent upon budget announcement on inclusion of livestock sector in Kisan Credit
Card in February 2020, 1.5 crores dairy farmers of milk cooperatives and milk producer
companies’ were targeted to provide Kisan Credit Cards (KCC) as part of Prime Minister’s
Atma Nirbhar Bharat Package.

¾ As of mid January 2021, a total of 44,673 Kisan Credit Cards (KCCs) have been issued
to fishers and fish farmers and an additional 4.04 lakh applications from fishers and fish
farmers are with the banks at various stages of issuance.

th
¾ The PMFBY covers over 5.5 crore farmer applications year on year. As on 12 January,
2021, claims worth ` 90,000 crores have already been paid out under the Scheme. Aadhar
seeding has helped in speedy claim settlement directly into the farmer accounts. Even
during COVID lock down period nearly 70 lakh farmers benefitted and claims worth
` 8741.30 crores were transferred to the beneficiaries.

¾ An amount of ` 18000 crore have been deposited directly in the bank account of 9 crore
farmer families of the country in December, 2020 in the 7 installment of financial benefit
th
under the PM-KISAN scheme.

¾ The livestock sector grew at CAGR of 8.24 per cent during 2014-15 to 2018-19. As per
the estimates of National Accounts Statistics (NAS) 2020 for sector wise Gross Value
Added of agriculture and allied sector, the contribution of livestock in total agriculture
and allied sector GVA (at Constant Prices) has increased from 24.32 per cent (2014-15)
to 28.63 per cent (2018-19). The contribution of the livestock sector was 4.19 per cent of
total GVA in 2018-19.

¾ Fish production in India reached an all-time high of 14.16 million metric tons in 2019-20.
Further, the Gross Value Added (GVA) by the fisheries sector to the national economy
stood at ` 2,12,915 crores constituting 1.24 per cent of the total national GVA and 7.28
per cent of the agricultural GVA.