Question:

What is the contribution of the livestock sector to total agriculture GVA (at constant prices) in 2020-21 ?

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The livestock sector has grown at a Compound Annual Growth Rate (CAGR) of nearly $8\%$ at constant prices over the last five years, indicating its increasing structural importance relative to traditional crop farming.
  • 15.3 percent
  • 3 percent
  • 7.9 percent
  • 1 percent
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The Correct Option is D

Solution and Explanation

Step 1: Understanding the Concept:
Gross Value Added (GVA) is an economic metric that measures the contribution of an individual sector or industry to the economy.
In Indian agriculture, livestock is a vital sub-sector that provides alternative income sources, nutritional security, and economic stability to rural households.

Step 2: Detailed Explanation:

The livestock sector in India has shown stable, robust growth over the last decade, outperforming the crop sector in terms of compound annual growth rate.
According to the official national accounts statistics and the Economic Survey data released by the Government of India, the livestock sector has expanded significantly.
For the fiscal year 2020-21, the contribution of the livestock sector to the total Gross Value Added (GVA) of the agriculture and allied sector was calculated at constant prices.
This share was determined to be approximately $1\%$.
This indicates that nearly one-third of the total economic output of India's agricultural sector is generated by animal husbandry, dairy, poultry, and fisheries-related activities.
The other options ($15.3\%$, $3\%$, and $7.9\%$) are lower than the actual contribution, which has consistently hovered around $28-30\%$ in recent years at constant prices.

Step 3: Final Answer:

The contribution of the livestock sector in 2020-21 was $1\%$, corresponding to option (D).
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