Gross value added (GVA) in agriculture increased by more than 4.5 per cent at 2011-12 prices during the recent three years including advance estimate for the year 2018-19. This is one of the best growth witnessed in Indian agriculture.
However, this growth in GVA at constant prices did not bring same kid of cheers to farmers because of low prices of farm produce. Farmers sell their produce at current prices, and not at constant prices, and growth in farmers’ income in real terms is affected by current prices as well as farm prices relative to prices paid by farmers. Implicit price ...
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST Rs
Key stories on business-standard.com are available to premium subscribers only.
Already a premium subscriber? LOGIN NOW
Note: Subscription will be auto renewed, you may cancel any time in the future without any questions asked.
What you get?
ON BUSINESS STANDARD DIGITAL
- Unlimited access to all the content on any device through browser or app.
- Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
- Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
- Track the industry of your choice with a daily newsletter specific to that industry.
- Stay on top of your investments. Track stock prices in your portfolio.
- 18 years of archival data.
- Requires you to share personal information like date of birth, income, location amongst other fields. This information alongwith your contact information will be shared with the partners associated with this program, who contribute towards subsidizing the offer. By subscribing to this product you acknowledge and accept that our Partners may choose to contact you with offers of their products and services.
- This is an optional offer - Not comfortable with sharing personal data - please opt for the full price offer which requires you to share minimal information