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Contribution of agriculture in Jharkhand''s GSDP decreases
Ranchi, Mar 21 (PTI) Contribution of agriculture in Jharkhand''s Gross State Domestic Product (GSDP) has decreased from 16 per cent in 2000-01 to 10 per cent in 2009-10 at constant (1999-2000) prices, says a survey report.
The peak agriculture output in real terms reached to Rs 6,500 crore in 2001-02 and since then it is fluctuating around Rs 5000 crore, according to Jharkhand Economic Survey 2010-11.
"Agriculture in the state continues to remain dependent on vagaries of monsoon and no breakthrough has been achieved since the formation of the state," observes the survey.
Only in 2001-02 the agriculture experienced maximum growth rate of 37 percent, but it was almost stagnant from 2007-08 onwards with growth rate less than a percent, it says.
The report also says that the state had not benefited from the green revolution technology either before or after the formation of the state.
The reason behind shortfall of growth rate, argues the report, was largely on account of delayed and erratic rainfall every alternate year while soil profile in plateau areas endowed with low water/moisture holding capacity, making agriculture risky.
Source:- http://news.in.msn.com