Drought spoils farm sector's dream run

PTI : New Delhi, Thu Dec 27 2012, 10:24 hrs

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However, there was no big policy announcement this year to boost public and private investment to strengthen resilience in these two sectors.

President Pranab Mukherjee warned that the agriculture sector should not be ignored even as its share in the country's GDP has dropped to about 15 per cent.

"I understand that the contribution of Agriculture to the country's GDP is declining and is lower than the services and industry sectors today.

"But I would exhort you to resist any temptation to be persuaded by some arguments to give only proportionate importance to this sector. Nothing could be more wrong," Mukherjee had said addressing the industry leaders at the fag end of the year.

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