Question

    What is the estimated real Gross Value Added (GVA)

    growth rate for the agriculture sector in FY25?
    A 2.5% Correct Answer Incorrect Answer
    B 3.2% Correct Answer Incorrect Answer
    C 3.5% Correct Answer Incorrect Answer
    D 3.8% Correct Answer Incorrect Answer
    E 4.0% Correct Answer Incorrect Answer

    Solution

    The Economic Survey 2024-25 projects that India's agriculture sector will grow by 3.8% in FY25, reflecting strong Kharif output and favorable conditions. Key Agricultural Indicators in FY25:  Total Kharif food grain production is estimated at 1,647.05 lakh metric tonnes (LMT).  Growth in key crops: o Rice production increased significantly. o Maize, coarse grains, and oilseeds also recorded higher yields.  Impact on Inflation: o Improved irrigation and reservoir levels ensured stable Rabi crop sowing. o This is expected to ease food inflation pressures in the second half of FY25.

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