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236 Economic Survey 2021-22

Figure 2: Growth of GVA of Agriculture & Allied Sector (at 2011-12 prices)

Source: Based on data received from Department of Agriculture & Farmers Welfare (DAFW).
*Third revised estimate, #second revised estimate, @ First Revised Estimates released on 29th January, 2021.

GROSS VALUE ADDED (GVA) IN AGRICULTURE

7.3 A trend in the percentage share of agriculture and allied sectors to total GVA of the economy
at current prices for the last ten years is presented in Figure 3. The share of the sector in total
GVA of the economy has a long-term trend of around 18 per cent. The share of the agriculture
& allied sector in total GVA, however, improved to 20.2 per cent in the year 2020-21 and 18.8
per cent in 2021-22.

Figure 3: Percentage Share of GVA of Agriculture
& Allied Sector to Total GVA (at current prices)

Source: Based on data of DAFW.
*As per 1st Advance Estimates of National Income, 2021-22.

7.4 A trend in the distribution of share of GVA of agriculture among its constituents is presented
in Figure 4. Higher growth in allied sectors as compared to crop sector has obvious implications
in terms of increasing importance of the former in total agricultural GVA vis-a-vis the later. It
may be observed that the share of the livestock and fishing & aquaculture in total agricultural
GVA has been improving during the period. Recognising the increasing importance of allied
sectors, the Committee on Doubling Farmers’ Income (DFI, 2018) considers dairying, livestock,
poultry, fisheries and horticulture as engines of high growth and has recommended a focussed
policy with a concomitant support system.