Monsoon to Boost Agriculture Growth, says Radha Mohan Singh

Addressing a press conference, Agricultural Minister Radha Mohan Singh said that the farm sector growth will be good in the current fiscal year as the country expected to receive normal monsoon rains this year after two straight seasons of deficient rains. Talking about the achievements of his ministry in the first two years of the Narendra Modi-led government, Singh said that the agriculture production fell slightly by 0.25 percent in 2014-15 due to weak monsoon but the agriculture growth in the previous year was very good at 4.25 percent. "In 2015-16, farmers have worked a lot hard and we expect production and growth to increase. And I am very confident that growth and production will increase in 2016-17," he said. The country has recorded higher agriculture growth after back-to-back drought years 2003-04 and 2010-11. As per the advance estimates, agriculture growth in 2015-16 would be 1.12 percent. The agriculture ministry has set a target of producing 270.1 million tonnes of food grain in 2016-17 beginning June, which is 7 percent higher than the previous year's crop. "The government has chalked out a plan to reduce the input cost in the agriculture sector and to provide farmers better return for their produce. We have also taken the resolve to double the income of farmers. The government is also giving priority to the enterprises linked to agricultural sector so as to achieve this target," Singh explained.

Source: http://economictimes.indiatimes.com/news/economy/agriculture/normal-monsoon-to-boost-agriculture-growth-radha-mohan-singh/articleshow/52529542.cms