Agricultural income grew at 5.23 per cent annually over past decade: Economic Survey

Agricultural income has increased at 5.23 per cent annually over the past decade, according to the Economic Survey 2024-25 tabled in the Parliament on Friday by Union Finance Minister Nirmala Sitharaman.

- STATESMAN NEWS SERVICE

India's agricultural sector has demonstrated remarkable resilience in recent years, marked by consistent growth rates, which can be largely attributed to various government initiatives to enhance productivity, promote crop diversification, and increase farmers' income, the survey said.

The survey highlights that the 'Agriculture and Allied Activities' sector has long been the backbone of the Indian economy, playing a vital role in national income and employment.