Decreasing Share of Agriculture in GDP of India

During 2008-09 the agricultural sector contributed to approximately 15.7 per cent of India’s GDP (at 2004-05 prices) and 10.23 per cent (provisional) of total exports besides providing employment to around 58.2 per cent of the work force. During 2009-10, agricultural ..

Category: Agriculture Current Affairs • Economy & Banking Current Affairs

Salient features of Agriculture in India

India is one of the world’s largest agrarian economies and agriculture is the backbone of our country’s economy. Despite of industrialization and liberalizations it provides employment to around 60% of the country’s population. Agriculture sector includes Agriculture, Forestry & Logging ..

Category: Agriculture Current Affairs • Economy & Banking Current Affairs

National Bank for Agriculture and Rural Development (NABARD)

The National Bank for Agriculture and Rural Development (NABARD) is an apex development financial institution in India, established with the primary objective of fostering rural development and supporting agriculture and allied activities. NABARD plays a crucial role in providing financial ..

Category: Agriculture Current Affairs • Economy & Banking Current Affairs

Gross Capital Formation in Agriculture

The value of acquisitions of new or existing fixed assets by the Agriculture & allied sectors, which is known as Gross Capital Formation, as a proportion to the GDP in the Agriculture & allied sectors stagnated around 14 per cent ..

Category: Agriculture Current Affairs • Economy & Banking Current Affairs

What is FDI limit in Agriculture ?

In India 100% FDI is permissible via automatic route in following sub sectors of Agriculture and Animal Husbandry: Sub sectors: Floriculture, Horticulture, Development of Seeds, Animal Husbandry, Pisciculture, Aquaculture and Cultivation of Vegetables & Mushrooms under controlled conditions and services ..

Category: Agriculture Current Affairs • Economy & Banking Current Affairs

What is FASAL in Agriculture?

In 1988, Government of India started a project “Crop Acreage and Production Estimation (CAPE)” to collect the statistics of Agricultural Output. But to forecast of Crops at sowing stage requires weather data and information of economic factors. So “Forecasting Agricultural ..

Category: Agriculture Current Affairs • Economy & Banking Current Affairs

In which part of India Slash and Burn agriculture is practiced?

In which part of India Slash and Burn agriculture is practiced?Slash and burn practice involves the cutting and burning of forests or woodlands to create fields for agriculture or pasture. It is a part of the shifting cultivation and is ..

Category: Agriculture Current Affairs • Economy & Banking Current Affairs

Some facts From Recently released Reports of Food and Agriculture Organization

As per a UN Food and Agriculture Organization FAO (Headquarters -Rome, Established October 16, 1945, member 191) discussion paper published recently, climate change will have a severe impact on food security and this could lead to increased dependency of many ..

Category: Agriculture Current Affairs • Economy & Banking Current Affairs