Decadal Growth in Agricultural Gross Value Added: Policy Drivers and Structural Shifts
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India's agricultural sector has witnessed a significant expansion in Gross Value Added (GVA), rising from Rs 20.94 lakh crore in 2014-15 to an estimated Rs 52.08 lakh crore in 2025-26, driven by technology adoption and targeted fiscal support.
The Indian agricultural sector has undergone a transformative phase over the last decade, characterized by a substantial increase in its Gross Value Added (GVA). Official data indicates that the sector's contribution to the economy has surged from Rs 20.94 lakh crore in 2014-15 to an estimated Rs 52.08 lakh crore by 2025-26. This growth trajectory reflects a shift from subsistence-based farming toward a more market-oriented and technology-driven model.
Several structural and policy-driven factors have catalyzed this expansion. Central to this growth is the implementation of direct income support mechanisms, most notably the PM-KISAN scheme, which has provided essential liquidity to small and marginal farmers, enabling them to invest in better quality inputs. Furthermore, the government’s emphasis on the 'lab-to-land' approach has accelerated the adoption of precision agriculture, high-yielding variety (HYV) seeds, and climate-resilient farming practices. The integration of digital infrastructure, such as e-NAM (National Agriculture Market), has also played a pivotal role in reducing information asymmetry and improving price discovery for producers.
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This article was curated using AI. While we strive for accuracy, please verify critical facts from official sources.