Overview

• The National Statistics Office report shows gross value of output from agriculture and allied sectors at constant prices climbed to ₹29.49 lakh crore in 2023-24, marking a 54.6% gain since 2011-12.
• Gross value added at current prices surged 225% over the same period to ₹4.878 lakh crore in 2023-24, underscoring strong value creation across farming activities.
• Crop production accounted for 54.1% of total output in FY24, with cereals, fruits and vegetables contributing over half of crop sector value.
• Livestock products output nearly doubled from ₹4.88 lakh crore in 2011-12 to ₹9.19 lakh crore in 2023-24, driven by rising meat and dairy consumption.
• Horticultural diversification accelerated as floriculture output almost doubled and banana output surpassed mango in constant price terms during FY24.