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Govt pegs FY'11 farm growth at 5.4%

Feb 07 2011, 19:19 IST
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SummaryA likely growth is due to an estimated higher production of rice, wheat, pulses and other crops.

Buoyed by high foodgrains production, the country's farm sector is expected to grow at 5.4 per cent in the current financial year, as against 0.4 per cent a year ago.

A likely growth in the "agriculture, forestry and fishing sector" is due to an estimated higher production of rice, wheat, pulses, oilseeds, cotton, sugarcane and some horticultural crops, according to Advance Estimate released by the Central Statistical Organisation (CSO).

The foodgrains production is estimated to grow by 6.5 per cent, oilseeds by 11.9 per cent, sugarcane by 15.2 per cent and cotton output by 41.2 per cent in the 2010-11 crop year, as compared to a previous crop year, it said.

Among the horticultural crops, production of fruits and vegetables is expected to increase by 4.1 per cent and 3.8 per cent, respectively, in the review period, it added.

According to CSO, the country's economy is likely grow at 8.6 per cent this fiscal, against 8 per cent last year.

The Agriculture Ministry has pegged a total foodgrains production at 114.63 million tonnes in the 2010-11 Kharif season (June-September), which comprises 80.41 million tonnes of rice.

Oilseeds production for current Kharif season has been projected at 17.2 million tonnes.

Farm commodities are cultivated twice a year during Kharif (summer) and Rabi (winter) season. Currently, rabi crops like wheat and some oilseeds like mustard are sown.

The ministry has pegged sugarcane at 324.9 million tonnes and cotton at 33.5 million bales for the current crop year.

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