PM's sub-group to draft action plan to boost farm growth

Written by Press Trust of India | New Delhi | Updated: Aug 1 2010, 04:16am hrs
The Prime Minister-appointed Committee on agriculture, which has corporate honchos such as Mukesh Ambani and Jamshyd Godrej as its members, on Friday decided to come up with an operational plan to achieve higher growth in the farm sector through private sector involvement.

The country's average farm growth in the first three years of the 11th Five Year Plan period (2007-12) is only 2.2%, while the target is 4% for the entire period.

Growth in the agriculture sector is lagging behind as compared to other sectors. We deliberated on the role of trade and industry in enhancing agriculture production to meet the country's food security, agriculture secretary PK Basu told reporters after the meeting.

The sub-committee, which met for the first time, decided to prepare a draft operational plan by mid-August taking inputs from industry leaders like Mukesh Ambani, he said.The sub-committee on 'enhancing agriculture production and food security' has been set up under the Prime Minister's Council on Trade and Industry.

Basu, who is the convener of the sub-committee, said, We have broadly agreed to identify some of the policies like the market reforms... that are stopping the sector from achieving higher growth and also agreed to identify agri-zones so as to design focused programmes to raise food production.