Page 605 - ES 2020-21_Volume-1-2 [28-01-21]

232 Economic Survey 2020-21 Volume 2

OVERVIEW OF AGRICULTURE

Gross Value Added in Agriculture

7.2 As per the provisional estimates of national income released by CSO on 29 May, 2020,
th
the share of agriculture and allied sectors in Gross Value Added (GVA) of the country at current
prices is 17.8 per cent for the year 2019-20. GVA of agriculture and allied sectors and its share
in total GVA of the country during the last six years at current prices is as given in Table 1.

Table 1: Share of Agriculture and Allied Sectors in Total GVA at current prices
Year

Items 2014-15 2015-16 2016-17* 2017-18# 2018-19@ 2019-20**
Share of GVA of Agriculture &
Allied Sector in GVA of Total 18.2 17.7 18.0 18.0 17.1 17.8
Economy (per cent)
Share of Crops 11.2 10.6 10.6 10.4 9.4 NA
Share of Livestock 4.4 4.6 4.8 5.1 5.1 NA
Share of Forestry & logging 1.5 1.5 1.5 1.4 1.3 NA

Share of Fishing & aquaculture 1.0 1.1 1.1 1.2 1.2 NA
Source: Department of Agriculture, Cooperation & Farmers Welfare (DAC&FW).
Note:**As per the Provisional Estimates of Annual National Income 2019-20 released by CSO on 29th May 2020.
@As per the First Revised Estimates of National Income, Consumption Expenditure, Saving and capital Formation
for 2018-19 released on 31st January, 2020. # Second Revised Estimate. * Third Revised Estimate.
NA- Data not available.

7.3 The share of agriculture and allied sectors in GVA of the country has declined from 18.2 per
cent in 2014-15 to 17.8 per cent in 2019-20 (Table 1), an inevitable outcome of a development
process in which the relative performance of non-agricultural sectors becomes more dominant.
Within the agriculture sector, the share of crops has fallen from 11.2 per cent in 2014-15 to 9.4
per cent in 2018-19. The decline in the share of crops has been made up by an increase in the
share of livestock and fisheries sectors.

Figure 1: Share of Agriculture and Allied Sectors in Total GVA
of the Country at Current Prices (in per cent)*

12 11.2
10.610.6 10.4
10 9.4
8
6 5.1 5.1
4.4 4.6 4.8
4
2 1.5 1.5 1.5 1.4 1.3 1 1.1 1.1 1.2 1.2
0
Share of Crops Share of Livestock Share of Forestry & logging Share of Fishing &
aquaculture
2014-15 2015-16 2016-17* 2017-18# 2018-19@ 2019-20 **

Source: Created from the data in Table 1.
*All the symbols attached with the years in the graph denote the same as indicated in Table 1.