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AGRICULTURE

Agricultural commodity exports increased by 23.24 percent from March to June 2020, with a total of INR. 25,552.7 crore compared to INR. 20,734.8 crore in the same period last year. Agriculture also accounts for 16.5 percent of India's GDP and employs 43 percent of the country's workers. The 20 agri-climatic regions represent all 15 central climates in the globe.

In terms of farm outputs, India ranks second worldwide with a high proportion of agricultural land and diverse agro-climate conditions that support the cultivation of different crops.

The Gross Value Added by agriculture, forestry, and fishing is estimated at $276.37 bn in FY20.

According to the Department for Promotion of Industry and Internal Trade (DPIIT), the Indian food processing industry has received a total of US$ 10.24 billion in FDI equity inflow between April 2000 and December 2020.

Schemes like the Paramparagat Krishi Vikas Yojana have aided in developing organic clusters and the availability of chemical-free inputs for farmers. At the same time, the Indian government aims to treble farmers' income by 2022.

One of the largest sectors in the country, Indian agriculture processed foods are exported to more than 120 countries.

19 %

shares of world's area under bamboo cultivation
34 %

Production of total coconut production in the world in FY 21
30.4 %

Horticulture contribution of agricultural GDP
12 %

Shares of global fruit and vegetable production

1

India aims at doubling farm income by 2022.
2

The government of India aims at increasing the average income of a farmer household at a current process to Rs 219,724 (US$ 3,420.21) by 2022-23 from Rs 96,703 (US$ 1,505.27) in 2015-16.
3

From Rs. 2,700 crores (US$ 386.32 million) in 2015 to Rs. 75,000 crore (US$ 10.73 billion) by 2025, the organic food industry in India is predicted to increase at a CAGR of 10% between 2015 and 2025.

India ranks first worldwide in terms of the highest net cropped area. The country is also the second-largest fruit producer in the world.
Foodgrain production was 296.65 MMT in 2019-20, while horticulture production was 319.57 MMT, both reaching milestones.
The Government of India adopted the Agriculture Export Policy, 2018, in December 2018. With a stable trade policy regime, the new strategy intended to grow India's agricultural exports to $60 billion by 2022 and $100 billion in the next few years.
Indian agriculture in India is the primary source of livelihood for around 58% of the population.
Agriculture, forestry, and fishery had a Gross Value Added of Rs. 19.48 lakh crore (US$ 276.37 billion) in FY20.

In March 2020, Fact, the oldest largescale fertilizer manufacturer, crossed one million production and sales marks.
Nestle India will invest Rs. 700 crore (US$ 100.16 million) in construction of its ninth factory in Gujarat.
In November 2019, Haldiram agreed to Amazon's global selling program to E-tail its delicacies in the United States.
In November 2019, Coca-Cola launched 'Rani Float,' fruit juices to step out of its trademark fizzy drinks.

100% foreign direct investment is allowed to market food products and e-commerce under the automatic route.
According to the Department for Promotion of Industry and Internal Trade (DPIIT), the Indian food processing industry has received a total of US$ 10.24 billion in FDI equity inflow between April 2000 and December 2020.