Previous Year Question
During the 12th Five Year Plan, the growth rate of agriculture, forestry and fish farming has been estimated to be
3.5%
4.0%
5.0%
5.5%
Correct Answer: B
Detailed Solution
During the Twelfth Five Year Plan (2012–2017), the average annual growth rate of the Agriculture, Forestry and Fishing sector in India was projected at 4.0%. This target was determined under the Twelfth Five Year Plan prepared by the Planning Commission.
The main theme of the Plan was Faster, Sustainable and More Inclusive Growth. It targeted an average annual growth rate of 8% for overall Gross Domestic Product (GDP) and 4% for the Agriculture, Forestry and Fishing sector.
Projected average annual growth rates of major sectors under the Twelfth Five Year Plan:
Sector | Growth rate |
Agriculture, Forestry and Fishing | 4.0% |
Industrial sector | 7.6% |
Service sector | 9.0% |
Overall GDP | 8.0% |
During the Eleventh Five Year Plan (2007–2012), the average annual growth rate of Agriculture, Forestry and Fishing was approximately 3.7%. The Twelfth Five Year Plan targeted an increase to 4%.
To increase agricultural production and productivity, importance was given to expanding irrigation facilities, ensuring the availability of quality seeds, agricultural research, Crop Diversification, and improving agricultural marketing systems. In addition, emphasis was placed on developing allied activities such as animal husbandry, dairy farming, forestry, and fisheries.
The importance of growth in agriculture and allied sectors is not limited to foodgrain production. It also influences rural income, employment, food security, agro-based industries, and overall economic development.