India’s Agriculture GVA Rises from ₹20.94 lakh crore to ₹52.08 lakh crore

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India’s Agriculture GVA Rises from ₹20.94 lakh crore to ₹52.08 lakh crore

Economy
India’s Agriculture GVA Rises from ₹20.94 lakh crore to ₹52.08 lakh crore

A PIB brief reports current data on India’s agriculture and allied sectors, including workforce dependence and changes in Gross Value Added (GVA). It lists quantified outputs and farmer-support measures through schemes such as Kisan Credit Card (KCC), PM-KISAN, and PM Fasal Bima Yojana.

Indian Agriculture and Allied Sectors:

Dimension Key Details
Workforce livelihoods India’s agriculture and allied sectors provide for livelihoods to approximately 46.1% of the workforce.
Gross Value Added (GVA) Gross Value Added (GVA) in agriculture and allied sectors comprises ₹20.94 lakh crore in 2014-15 and an estimated ₹52.08 lakh crore in 2025-26.
Direct farmer support Direct support to farmers comprises schemes such as Kisan Credit Card (KCC) and Pradhan Mantri Kisan Maandhan Yojana.
PM-KISAN PM-KISAN provides for direct transfers of more than ₹4.47 lakh crore into farmers’ bank accounts.
PM Fasal Bima Yojana (PMFBY) PM Fasal Bima Yojana provides for insured coverage for more than 92.46 crore farmer applications since the scheme’s launch in 2016-17.
Milk production India’s milk production comprises nearly 25% of global output.
Poultry and meat production India’s global ranking in poultry and meat production comprises 2nd in egg production and 4th in meat production.
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Q 1 / 3

With reference to the PIB brief, consider the following statements:

1. Direct support to farmers comprises schemes such as Kisan Credit Card (KCC).
2. Direct support to farmers comprises schemes such as Pradhan Mantri Kisan Maandhan Yojana.
3. PM-KISAN is listed as a component of the “direct support to farmers” schemes in the same line.

Which of the statements given above are correct?