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AnalysisIBEFFriday, 14 August 2026

Agriculture GVA rises to US$ 589.34 billion as India’s farm economy expands

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Summary
India’s agriculture sector is strengthening its contribution to the economy, with rising GVA reflecting expanding farm and allied activities and growing opportunities across agricultural value chains.
Key Facts
TypeAnalysis
SourceIndia Brand Equity Foundation
PublishedFriday, 14 August 2026
Affected Population~150 million farming households, 42% of workforce
Key Numbers
Agri budget: Rs 1.52 lakh crore (2025-26)
MSP for 23 crops
PM-KISAN: Rs 6,000/year to 9 crore farmers
GDP: $3.9 trillion (2025 est.)
Key Authorities
Ministry of Agriculture & Farmers WelfareICARFCIMinistry of FinanceRBI
Key Stakeholders
FarmersFPOsAgri-Input IndustryTaxpayersBanks & NBFCsInvestors
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Agriculture47 tracked→Finance & Economy671 tracked→
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