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Agriculture Recovery
Why is it in news?
- According to Finance Ministry, the worst seems to be over and the agriculture sector will provide a cushion for the coronavirus-hit economy.
More from the Ministry:
- India is well on the path of recovery from a trough in April, supported by proactive government and central bank policies.
- Agriculture contributes about 15% of total gross value added.
- With the forecast of a normal monsoon, agriculture is set to cushion the shock of COVID pandemic on the Indian economy in 2020-21.
Risks remain:
- Risks on account of rising COVID-19 cases and intermittent State lockdowns remains.