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UPSC » Daily News Analysis ‘Value Of Output From Agriculture And Allied Sectors – Report’ : 28 June

Daily News Analysis ‘Value Of Output From Agriculture And Allied Sectors – Report’ : 28 June

Table of Content

Key Findings:

  • Meat Sector Growth

      • India’s meat sector grew strongly over the last decade, with its share in the value of agriculture sector output rising from 5% in 2011-12 to 7.5% in 2023-24 (at constant prices).
      • At current prices, its share similarly increased from 5% to 7.7% over the same period.

  • Livestock Sector Expansion

      • The livestock sector as a whole expanded significantly, with its Gross Value of Output (GVO) increasing from ₹4.88 lakh crore in 2011-12 to ₹9.19 lakh crore in 2023-24 (constant prices).
      • Its share in total agriculture and allied activities GVO rose from 25.6% to 31.2% during this period.

  • Overall Agriculture and Allied Sector Output

      • The overall GVO of agriculture and allied activities rose from ₹19.08 lakh crore in 2011-12 to ₹29.49 lakh crore in 2023-24 (constant prices). As per national accounts, this sector contributed 14.7% of India’s Gross Value Added (GVA) in 2023-24, slightly declining to 14.4% in 2024-25.

  • Milk Share Declining, Meat Share Rising

      • Milk remains the largest contributor in the livestock sector, though its share fell from 67.2% to 65.9%.
      • Meanwhile, meat’s share increased from 19.7% to 24.1% in the livestock GVO.

  • Meat Exports Growth

      • India’s meat exports rose by 17% to $3.83 billion in 2023-24.
      • Buffalo meat, forming 98% of India’s meat exports, increased by 17.1% to $3.74 billion, with Uttar Pradesh contributing nearly 60% of it.
      • Export of beef (cow, oxen, calves) remains prohibited under India’s foreign trade policy.

  • Crop Sector Share Falling

      • The share of crops in the agriculture and allied GVO declined from 62.4% in 2011-12 to 54.1% in 2023-24.
      • This reflects a gradual diversification of India’s agricultural economy due to changing demand patterns, policy support, and technological improvements.

  • Other Crop Trends

    • Cereals and fruits & vegetables together accounted for over half of crop GVO.
    • The share of spices and condiments increased from 3.9% to 5.9%, indicating rising domestic and export demand, supported by improved processing and branding.
Why in News? Data on Value Of Output From Agriculture And Allied Sectors is released by the Ministry of Statistics and Program Implementation.