Time to say Jai Kisan, again

At a time when manufacturing exports shrank by 5.95% and services grew just 1.7% in the first 8 months of the year, Commission for Agricultural Costs and Prices’ chief Ashok Gulati’s projection that agriculture could touch $42 billion in FY13 has to come as a great relief—that’s a 13.5% increase over FY12’s mammoth $37 billion. That agriculture exports are doing well is obvious when you consider they increased more than 10 times from $3.5 billion in FY91 to $37.1 billion in FY12, growing at an annual rate of 13.6%.

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