India’s performance in Agriculture orientation index necessitates the need to attain a higher agricultural-growth. Discuss (200 Words)
Refer - The Hindu
Enrich the answer from other sources, if the question demands.
IAS Parliament 2 years
KEY POINTS
· While the overall budgetary allocation towards the agricultural sector has marginally increased by 4.4% in the Union Budget 2022-23, the rate of increase is lower than the current inflation rate of 5.5%-6%.
· The picture changes and rather looks disappointing when we look at the Agriculture Orientation Index (AOI) an index which was developed as part of the Goal 2 (Zero Hunger) of the 2030 Agenda for Sustainable Development in 2015.
· The AOI is calculated by dividing the agriculture share of government expenditure by the agriculture value added share of GDP.
· India holds only the 38th rank in the world, despite being an agrarian economy wherein a huge population is dependent on the agricultural sector for its livelihood.
· the Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM-AASHA) experienced a significant reduction to only one crore as against the allocation of Rs 400 crore in 2021-22.
· The intensification in government spending towards the agricultural sector is the key to attain the sustainable development goals of higher agricultural growth and farm income.
· The focus on development of irrigation facilities, urban infrastructure and development of national highways must be complemented with an emphasis on the development of rural infrastructure and rural transportation facilities.
Rekha 2 years
Kindly review mam/sir
IAS Parliament 2 years
Good attempt. Keep Writing.
