Farm sector growth to decline to 2.4% in FY26
The agriculture sector's GVA is predicted to increase by 2.4% in FY26, lower than the previous year's 4.2% due to base effect and low prices of agricultural commodities. However, experts anticipate improvement in growth with the release of rabi figures. The new series of estimates, with a base year of 2022-23, has replaced the old series. Inflation is also a factor.