Question:

What are the recent growth in agriculture in india in2007-2008?

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what are the recent growth and current development in agriculture in this year

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  1. It improved for sure.


  2. The new budget for India favors agriculture in 2007-2008.

        *  Growth of 4% to be achieved in agriculture sector.

        * No new forward contract to be launched on wheat and rice from 28 February 2007

        * Additional irrigation potential of 24 lakh hectares to be implemented, including nine lakh hectares under Accelerated Irrigation Benefit Program.

        * Rs 2,25,000 crore farm credit proposed in the new budget. A target of additional 50 lakh farmers to be brought under farm credit.

        * Special Purpose Tea Fund to rejuvenate tea production.

        * Rs. 100 crore allocated for National Rainfed Area Authority.

        * One hundred per cent subsidy for small farmers and 50 per cent for other farmers for water recharging scheme.

        * National Agricultural Insurance Scheme to be continued for Kharif and Rabi this year.

        * Bonds worth Rs 5,000 crore to augment NABARD to be issued.

    http://exim.indiamart.com/budget-2007-08...

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