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Jeet B Bhayani (SEBI RA)

19th Aug · SEBI-Registered Analyst

Agricultural Growth Surge: India’s Farm GVA Reaches ₹52.08 Lakh Crore

India’s agriculture and allied sector continues to drive national economic growth, with its Gross Value Added (GVA) expanding to ₹52.08 lakh crore (US$ 589.34 billion). This increase underscores the vital role that farming, forestry, and fishing play in ensuring food security, bolstering domestic demand, and sustaining rural livelihoods and employment. The growth within the farm economy is largely underpinned by steady improvements in agricultural output, the expansion of allied activities, and targeted government interventions designed to modernize farm infrastructure, raise productivity, and broaden market access for producers. To maintain this momentum, the sector is increasingly prioritizing technology integration, crop diversification, and value addition. Strategic initiatives—including digital agriculture platforms, Farmer Producer Organisations (FPOs), cold-storage infrastructure, and enhanced supply chains—are actively strengthening market linkages and minimizing post-harvest losses. Sustained investments in climate-resilient practices, farm mechanization, and high-growth allied sectors like livestock, fisheries, and horticulture are expected to further fortify the resilience of India's farm economy, driving long-term rural prosperity and broader economic development. $COROMANDEL

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