India’s farm sector grew at a healthy 4.1 per cent rate in the fourth quarter of FY22 (at constant prices), up from 2.8 per cent during the corresponding period of the previous year. For the full year, growth was a tad lower at 3 per cent than the 3.3 per cent in FY21.
Data from the ministry of statistics and programme implementation (MoSPI) shows that at current prices, agriculture and allied activities grew at 15.2 per cent in the fourth quarter. This was 6.2 per cent during the corresponding period of FY21.
This delivered an inflation impact of 11.1 per cent as