India’s Agriculture GVA Triples In 12 Years: Official Data | Economy News

India's Agriculture GVA Triples In 12 Years: Official Data | Economy News

Last Updated:June 30, 2025, 11:19 IST

Uttar Pradesh continues to lead the country in agricultural output, contributing 17% of the national GVO, followed by Madhya Pradesh, Punjab, Telangana, and Haryana.

Agriculture continues to be the backbone of India’s economy, contributing roughly 16% to GDP and sustaining more than 46% of the country’s population.

India’s agriculture and allied sectors have seen their gross value added (GVA) more than triple over the past 12 years, reflecting the sector’s growing economic footprint. According to a new report by the Ministry of Statistics and Programme Implementation, agri GVA rose to over Rs 48,00,000 crore in FY24 from around Rs 15,00,000 crore in FY12 — a surge supported by improved productivity and public policy push.

Despite rapid industrialisation, agriculture continues to be the backbone of India’s economy, contributing roughly 16% to GDP and sustaining more than 46% of the country’s population.

“Gross Value Added (GVA) of agriculture and allied sectors at current prices registered a growth of about 225%, increasing from Rs 1,502 thousand crore in 2011-12 to Rs 4,878 thousand crore in 2023-24,” the ministry said in the report titled ‘Statistical Report on Value of Output from Agriculture and Allied Sectors’.

The agriculture output or GVO at the real prices also surged 55% during the period, from Rs 1,908 thousand crore in 2011-12 to Rs 2,949 thousand crore in 2023-24, it added.

According to analysts, favourable monsoons, expanded irrigation, and targeted government schemes like PM-KISAN and crop insurance have lifted productivity and incomes of farmers.

Crops Remain Dominant, Cereals Lead

According to the report, crop production forms the largest slice of agricultural GVO, accounting for over 54% of the total. Within this, cereals and fruits & vegetables make up over half of the value, with paddy and wheat alone contributing 85% of the cereal segment.

Among fruits, bananas edged out mangoes in FY24 as the top value-generating fruit crop, clocking a GVO of Rs 47 thousand crore compared to mango’s Rs 46.1 thousand crore. On the vegetable front, potato retained its crown, with GVO rising to Rs 37.2 thousand crore in FY24 from Rs 21.3 thousand crore in FY12.

State-Wise Leaders

Uttar Pradesh continues to lead the country in agricultural output, contributing 17% of the national GVO. It is followed by Madhya Pradesh, Punjab, Telangana, and Haryana — collectively responsible for 53% of total output.

Livestock and Horticulture Gain Ground

The livestock sector also recorded strong growth, with its GVO rising from Rs 488 thousand crore in FY12 to Rs 919 thousand crore in FY24. Milk dominates the segment, though its share slightly dipped to 66% as meat production grew and now makes up 24%.

Floriculture, though a smaller segment, has seen impressive gains — its GVO nearly doubled from Rs 17.4 thousand crore to Rs 28.1 thousand crore over the period, signalling growing commercial interest in diversified horticulture.

A Cornerstone of Rural Prosperity

The report underscores how agriculture is evolving — not just as a source of food but as a key player in rural employment, economic diversification, and national growth. From traditional grains to emerging segments like floriculture and livestock, the sector is transforming in both scale and scope.

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