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    The document discusses the agriculture industry in India. It notes that the gross value added by agriculture and allied sectors was $283.68 billion in FY18 growing to an estimated $276.37 billion in FY20. The government has launched several initiatives to support the agriculture industry including the Pradhan Mantri Krishi Sinchayee Yojana, Pradhan Mantri Matsya Sampada Yojana, and Pradhan Mantri Fasal Bima Yojana crop insurance scheme. The agriculture industry in India has advantages such as a large domestic market, competitive land and production costs, and increasing government support and investment opportunities.

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    The document discusses the agriculture industry in India. It notes that the gross value added by agriculture and allied sectors was $283.68 billion in FY18 growing to an estimated $276.37 billion in FY20. The government has launched several initiatives to support the agriculture industry including the Pradhan Mantri Krishi Sinchayee Yojana, Pradhan Mantri Matsya Sampada Yojana, and Pradhan Mantri Fasal Bima Yojana crop insurance scheme. The agriculture industry in India has advantages such as a large domestic market, competitive land and production costs, and increasing government support and investment opportunities.

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    © All Rights Reserved
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    6 views1 page

    Agricuture Industry

    Uploaded by

    shubham saini
    The document discusses the agriculture industry in India. It notes that the gross value added by agriculture and allied sectors was $283.68 billion in FY18 growing to an estimated $276.37 billion in FY20. The government has launched several initiatives to support the agriculture industry including the Pradhan Mantri Krishi Sinchayee Yojana, Pradhan Mantri Matsya Sampada Yojana, and Pradhan Mantri Fasal Bima Yojana crop insurance scheme. The agriculture industry in India has advantages such as a large domestic market, competitive land and production costs, and increasing government support and investment opportunities.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    of 1

    AGRICULTURE INDUSTRY IN INDIA

    MARKET GOVERNMENT
    SIZE
    Gross Value Added By Agriculture And Allied Sectors (US$ billion) INITIATIVES
    283.68
    285
    280 276.37

    275
    267.9
    270
    265
    Pradhan Mantri Pradhan Mantri Pradhan Mantri
    260
    FY 18 FY 19* FY 20** Krishi Sinchayee Matsya Sampada Fasal Bima
    Note: * - 1st revised estimates, ** - 2nd advance estimates, at constant 2011-12 prices
    Yojana Yojana Yojana

    ADVANTAGE
    INDIA
    Robust demand Competitive Policy support Attractive
    Advantage opportunities
    A large population and rising A high proportion of agricultural In April 2021, the GOI approved a PLI Demand for agricultural inputs
    urban and rural income is driving land, diverse agro-climatic scheme for the food processing sector and allied services like
    the demand. External demand is conditions encourage the with an incentive outlay of Rs 10,900 warehousing and cold storages
    driving export from agriculture cultivation of different crops. crore over a period of six years is increasing in India at a fast
    sector. starting from FY22. pace.

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