March 1, 2013 2:41 PM

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Agri,forest, fishing sector growth pegged at 4% in 12th plan <br/>

The Agriculture, forestry and Fishing Sector is projected to grow at 4 per cent as per the draft Twelfth Five Year Plan document. The Plan document has emphasized increasing of public investment in agriculture to 4 per cent of agriculture Gross Domestic Product (GDP). This was informed by Minister of state for Agriculture and food processing industries, Tariq Anwar in the Rajya Sahba in a written reply. The Minister said that the government has launched several schemes to achieve the higher growth rate of agriculture and increase employment opportunities in the sector. These include Rashtriya Krishi Vikas Yojana (RKVY), National Food Security Mission (NFSM), Development and Strengthening of infrastructure facilities for Production and Distribution of Quality Seed and National Horticulture Mission (NHM). Mr Anwar said that in addition, the government has substantially improved the availability of farm credit. It has also implemented a massive programme of debt waiver and introduced better crop insurance schemes.

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