Agriculture growth has lagged...
3rd largest producer of food in the world but the growth of the sector has been limited
While the Tenth Plan assumed that agricultural production would grow at the rate of 4.0%, the growth has been less than 1.5% in the first three years
India’s entrepreneurial initiative has been behind growth in other sectors but it is still in a nascent stage with myriad laws coming in the way
Inadequate credit delivery mechanism to the rural sector has been the main cause
Agriculture remains mainstay of livelihood of over 60% of Indian population
Friday, May 22, 2009
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