Farm revival may cease to offset overall covid losses2 min read 03 Jul 2020, 07:49 AM IST
Rural sector’s share in real GVA is modest at 15%, and services, industry are worse hit
The other two components of growth, services and industry, constituting 30% and 55%, respectively, have been severely battered by the nationwide lockdown
Farm output prices moderated in the first two months of financial year 2021 to 1.1% year-on-year while farm input prices declined in April and May at the highest pace since FY16, according to estimates by Motilal Oswal Financial Services Ltd. The farm sector in India has been relatively unscathed by the covid-19 pandemic, it added.
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