Low agriculture growth affects inclusive growth: AnsariNovember 25th, 2007 - 6:51 pm ICT by admin
Srinagar, Nov 25 (ANI): Vice President Hamid Ansari today said that low growth rate in agriculture sector, presently at 2.7 percent, has an adverse impact on the inclusive growth.
Speaking at the 4th convocation ceremony of Sher-e-Kashmir University of Agricultural Science & Technology (SKUAST) here, Ansari said that growth in the crucial agriculture sector could only bring about greater social inclusion and sustainable rehabilitation since half of the country’s population are dependent on it.
Pointing to the sharp contrast in the current share of agriculture in the country’s GDP that is around 18.5 per with those of services, at 55 per cent, and industry at 26 per cent, he said that the role of agriculture sector has a wide relevance in the present times when globalisation is a fact of life.
He also referred to the adverse situation in the State during the last two decades, and said that the path back to normalcy and eventual prosperity comes from the grass root sector of agriculture.
He stressed on the need for enhancing productivity and ensuring value addition to the socio-economic development of the State and added that the agriculture sector that includes horticulture, forests, sericulture, fisheries and animal husbandry is pivotal to the economy of Jammu and Kashmir, as it contributes more than 50 per cent to the Net Domestic Product of the State and is the main source of livelihood for around 80 per cent of the population.
Ansari is on a two-day visit of the State, his first after becoming the Vice President of the country.
Security was beefed up in the wake of his visit as barricades came out in most of the important streets of the city. The soldiers were deployed in strength in the area around places where the Vice President was scheduled to visit to prevent any militant attack. The para-military and police personnel were also patrolling the Dal waters in boats and keeping a watch on the movement of people in Dal Lake. (ANI)