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Farm output a sheet anchor

India's farm sector expanded at 6.6 % during 2010-11 and the government is pinning its hopes on strong agriculture output for the second straight year to sustain the growth momentum in the broader economy and keep food prices in check. HT reports.

business Updated: May 31, 2011 23:13 IST
HT Correspondent

India's farm sector expanded at 6.6 % during 2010-11 and the government is pinning its hopes on strong agriculture output for the second straight year to sustain the growth momentum in the broader economy and keep food prices in check.

The farm sector grew by 0.4% last year. and the government had earlier projected a 5.4% growth for the farm sector in 2010-11.

"The agriculture growth this year will be lower than last fiscal," said C Rangarajan, chairman, Prime Minister's Economic Advisory Council.