Ministry of Agriculture & Farmers Welfare press release · 10 March 2026 · pibtracker filter

Agriculture & Allied Sector GVA More Than Doubles to ₹48.77 Lakh Crore in 2023-24; Foodgrain Production Continues to Rise

PRID2237739 MinistryMinistry of Agriculture & Farmers Welfare Released10 March 2026 Reading9 min

Posted On: 10 MAR 2026 6:12PM by PIB Delhi As per the latest estimates of GVA released by the Ministry of Statistics and Programme Implementation (MoS&PI), the composition of Agriculture & Allied Sector in total GVA is about 18%. Further, as per the National Accounts Statistics, the GVA of agriculture and Allied sector for 2014-15 is estimated at Rs. 20,93,612 Crore and for 2023-24 it is estimated at Rs. 48,77,867 Crore. Agriculture and Allied sector has recorded compound annual growth of 8.83 % for the period 2014-15 to 2023-24 at current prices. As per the National Accounts Statistics, the share of Livestock, Crops and fishing & aquaculture in agriculture & allied sector stands at 30.87%, 54.39% and 7.55%, respectively. The GVA of the Livestock for 2014-15 was estimated at ₹5,10,411 crore which has increased to ₹15,05,615 crore in 2023-24. The GVA of Crops for 2014-15 was estimated at ₹12,92,874 crore which has increased to ₹26,52,891 crore in 2023-24 Similarly, the GVA of the Fishing & Aquaculture has increased from ₹11,65,67 crore in 2014-15 to ₹36,81,24 crore in 2023-24. The production of foodgrain has been increasing during the last 10 years in the country. For 2015-16 the total foodgrain production in the country was estimated at 2515.42 LMT which has increased to 3577.32 LMT during 2024-25, registering a compound annual growth of approx. 3.6%. Further, as per First advance estimates for 2025-26 for kharif crops the kharif foodgrain production is estimated at record 1733.30 LMT. As per the Second Advance Estimates of Annual GDP for 2025-26, the GVA of Agriculture & Allied Sector is estimated at 52,08,800 crore registering a growth of 2.4%. The average monthly income of agricultural households in the country is periodically estimated through the “Situation Assessment Survey (SAS) if Agricultural Household”, conducted by National Statistics Office (NSO), Ministry of Statistics and Programme implementation (MoSPI). As per the latest NSS 77th round of Survey( January, 2019 – December, 2019) in the rural areas of the country, the average monthly income per agricultural household from various sources including crop production, farming of animals, wages, non-farm business and leasing out of land is estimated at Rs. 10,218/- per month. The contribution of these sources varies across States depending on local agro-climatic conditions, farm size, and cropping patterns. According to these surveys, the estimated average monthly income per agricultural household increased from ₹6,426 in 2012-13 (NSS 70th round) to ₹10,218 in 2018 -19 (NSS 77th round). This information was given by Minister of State for Agriculture and Farmers Welfare, Shri Bhagirath Chaudhary in a written reply in Lok Sabha today. ***** RC/PU/DK (Release ID: 2237739) Visitor Counter : 3363 Read this release in: Urdu , हिन्दी Ministry of Agriculture & Farmers Welfare Agriculture & Allied Sector GVA More Than Doubles to ₹48.77 Lakh Crore in 2023-24; Foodgrain Production Continues to Rise Posted On: 10 MAR 2026 6:12PM by PIB Delhi As per the latest estimates of GVA released by the Ministry of Statistics and Programme Implementation (MoS&PI), the composition of Agriculture & Allied Sector in total GVA is about 18%. Further, as per the National Accounts Statistics, the GVA of agriculture and Allied sector for 2014-15 is estimated at Rs. 20,93,612 Crore and for 2023-24 it is estimated at Rs. 48,77,867 Crore. Agriculture and Allied sector has recorded compound annual growth of 8.83 % for the period 2014-15 to 2023-24 at current prices. As per the National Accounts Statistics, the share of Livestock, Crops and fishing & aquaculture in agriculture & allied sector stands at 30.87%, 54.39% and 7.55%, respectively. The GVA of the Livestock for 2014-15 was estimated at ₹5,10,411 crore which has increased to ₹15,05,615 crore in 2023-24. The GVA of Crops for 2014-15 was estimated at ₹12,92,874 crore which has increased to ₹26,52,891 crore in 2023-24 Similarly, the GVA of the Fishing & Aquaculture has increased from ₹11,65,67 crore in 2014-15 to ₹36,81,24 crore in 2023-24. The production of foodgrain has been increasing during the last 10 years in the country. For 2015-16 the total foodgrain production in the country was estimated at 2515.42 LMT which has increased to 3577.32 LMT during 2024-25, registering a compound annual growth of approx. 3.6%. Further, as per First advance estimates for 2025-26 for kharif crops the kharif foodgrain production is estimated at record 1733.30 LMT. As per the Second Advance Estimates of Annual GDP for 2025-26, the GVA of Agriculture & Allied Sector is estimated at 52,08,800 crore registering a growth of 2.4%. The average monthly income of agricultural households in the country is periodically estimated through the “Situation Assessment Survey (SAS) if Agricultural Household”, conducted by National Statistics Office (NSO), Ministry of Statistics and Programme implementation (MoSPI). As per the latest NSS 77th round of Survey( January, 2019 – December, 2019) in the rural areas of the country, the average monthly income per agricultural household from various sources including crop production, farming of animals, wages, non-farm business and leasing out of land is estimated at Rs. 10,218/- per month. The contribution of these sources varies across States depending on local agro-climatic conditions, farm size, and cropping patterns. According to these surveys, the estimated average monthly income per agricultural household increased from ₹6,426 in 2012-13 (NSS 70th round) to ₹10,218 in 2018 -19 (NSS 77th round). This information was given by Minister of State for Agriculture and Farmers Welfare, Shri Bhagirath Chaudhary in a written reply in Lok Sabha today. ***** RC/PU/DK (Release ID: 2237739) As per the latest estimates of GVA released by the Ministry of Statistics and Programme Implementation (MoS&PI), the composition of Agriculture & Allied Sector in total GVA is about 18%. Further, as per the National Accounts Statistics, the GVA of agriculture and Allied sector for 2014-15 is estimated at Rs. 20,93,612 Crore and for 2023-24 it is estimated at Rs. 48,77,867 Crore. Agriculture and Allied sector has recorded compound annual growth of 8.83 % for the period 2014-15 to 2023-24 at current prices. As per the National Accounts Statistics, the share of Livestock, Crops and fishing & aquaculture in agriculture & allied sector stands at 30.87%, 54.39% and 7.55%, respectively. The GVA of the Livestock for 2014-15 was estimated at ₹5,10,411 crore which has increased to ₹15,05,615 crore in 2023-24. The GVA of Crops for 2014-15 was estimated at ₹12,92,874 crore which has increased to ₹26,52,891 crore in 2023-24 Similarly, the GVA of the Fishing & Aquaculture has increased from ₹11,65,67 crore in 2014-15 to ₹36,81,24 crore in 2023-24. The production of foodgrain has been increasing during the last 10 years in the country. For 2015-16 the total foodgrain production in the country was estimated at 2515.42 LMT which has increased to 3577.32 LMT during 2024-25, registering a compound annual growth of approx. 3.6%. Further, as per First advance estimates for 2025-26 for kharif crops the kharif foodgrain production is estimated at record 1733.30 LMT. As per the Second Advance Estimates of Annual GDP for 2025-26, the GVA of Agriculture & Allied Sector is estimated at 52,08,800 crore registering a growth of 2.4%. The average monthly income of agricultural households in the country is periodically estimated through the “Situation Assessment Survey (SAS) if Agricultural Household”, conducted by National Statistics Office (NSO), Ministry of Statistics and Programme implementation (MoSPI). As per the latest NSS 77th round of Survey( January, 2019 – December, 2019) in the rural areas of the country, the average monthly income per agricultural household from various sources including crop production, farming of animals, wages, non-farm business and leasing out of land is estimated at Rs. 10,218/- per month. The contribution of these sources varies across States depending on local agro-climatic conditions, farm size, and cropping patterns. According to these surveys, the estimated average monthly income per agricultural household increased from ₹6,426 in 2012-13 (NSS 70th round) to ₹10,218 in 2018 -19 (NSS 77th round). This information was given by Minister of State for Agriculture and Farmers Welfare, Shri Bhagirath Chaudhary in a written reply in Lok Sabha today. ***** RC/PU/DK " /> var mPlayer = document.getElementById("background_music"); var mPlayAction = document.getElementById("playbutton"); var isPlaying = false; function playAudio() { mPlayer.play(); isPlaying = true; document.getElementById('stopA').style.display = "block"; document.getElementById('playA').style.display = "none"; } function pauseAudio() { mPlayer.pause(); isPlaying = false; document.getElementById('playA').style.display = "block"; document.getElementById('stopA').style.display = "none"; } //function HandleAudio() { // if (isPlaying == true) { // //Playing already Pause it // pauseAudio(); // } else { // //Play the music // playAudio(); // } //} var synth = window.speechSynthesis; function CleanHtml(html) { html = html.replace(/ /gi, ''); return html; } function stripHtml(html) { let tmp = document.createElement("DIV"); tmp.innerHTML = CleanHtml(html); 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Agriculture & Allied Sector GVA More Than Doubles to ₹48.77 Lakh Crore in 2023-24; Foodgrain Production Continues to Rise

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