Farm growth not to be impacted much this fiscal due to coronavirus lockdown, says Agriculture Minister Narendra Singh Tomar

New Delhi: The country’s farm sector is functioning smoothly despite COVID-19 lockdown and there will not be much impact on its growth in the current fiscal unlike other sectors, Agriculture Minister Narendra Singh Tomar said on Wednesday. Agriculture and allied sector’s growth stood at 3.7 percent during 2019-20 fiscal. Meanwhile, government think tank NITI Aayog pegged the farm sector growth at 3 percent in the current fiscal in hopes of a good monsoon amid prevailing COVID-19 situation. [caption id=“attachment_1643573” align=“alignleft” width=“380”] Union Agriculture minister Narendra Singh Tomar. Image courtesy: PIB[/caption] Addressing the media, Tomar said: “In the current lockdown situation, the agriculture sector is functioning smoothly as there has been no shortage of foodgrains, vegetables and dairy products. But, many other sectors are impacted. We are proud of our farmers. We thank our farmers”. Click here to follow LIVE updates on coronavirus outbreak The impact of lockdown on the overall agriculture GDP will not be much this year on hopes of good rains. And the government has exempted farm activities from the lockdown rules, he said. “Agriculture GDP was at 3.7 percent during last year. I am confident that this growth in the future will not be impacted much,” Tomar added. Click here to follow LIVE news and updates on stock markets Sharing the same views, NITI Aayog member Ramesh Chand said farm sector growth is estimated to be 3 percent in 2020-21 fiscal despite prevailing adverse circumstances. The forecast of the good southwest monsoon, sufficient water level in reservoirs, increase in kharif sown areas, rise in offtake of fertilizer and seeds – all these factors are in favour of farm sector growth, he said. The agriculture sector will rise to the occasion and play an important role in giving normal growth to the Indian economy, he added. “If you look at a growth rate of 3.7 percent in the current price level, then growth rate comes to 11.3 percent, which is 60 percent more than the growth rate of the non-agriculture sector,” the Niti Aayog member said. Agriculture accounts for 15 percent of India’s gross domestic and a source of livelihood for more than half of the country’s 1.3 billion population.