Agriculture accounted for 20.9 percent of the Gross Domestic Product (GDP) in 2014-15 and is a source of livelihood of 43.5 percent of rural population. Increased agricultural productionnd high crops yield is essential for food security which make the farming systems less vulnerable to climate change. To make agriculture more effective in supporting sustainable higher economic growth trajectory and reducing poverty in Pakistan, a policy famework needs to be anchored coupled with
faourable socio political climate, adequate governance, and sound macroeconomic fundamentals. The prime focus of the government is on high value agriculture including horticulture, livestock and fisheries.
Concerted efforts are being made to improve farm level practices and developing linkages of farmers with markets and industry based on new technologies, ideas and future pathways for sustainable growth of agro industry.
The agriculture growth stood at 2.9 percent during July-March, 2014-15 as compared to 2.7 percent during the last year.
During 2014-15, cotton production stood at 13,983 thousand bales as compared to 12,769 thousand bales in 2013-14 and registered an increase of 9.5 percent.
Wheat production decreased to 25,478 thousand tonnes in 2014-15 as compared to 25,979 thousand tonnes in 2013-14 showing a decrease of 1.9 percent.
Rice production has increased to 7,005 thousand tonnes in 2014-15 as compared to 6,798 thousand tonnes in 2013-14 showing an increase of 3.0 percent.
Sugarcane production has decreased to 62,652 thousand tonnes in 2014-15, as compared to 67,460 thousand tonnes last year, and registered a decrease of 7.1 percent.
Maize production had decreased to 4,695 thousand tonnes in 2014-15, as compared to 4,944 thousand tonnes in 2013-14 showing a decrease of 5.0 percent.
Other crops that contributed 11.1 percent value addition in agriculture witnessed a positive growth of 1.1 percent in 2014-15, against negative growth of 5.4 percent during the same period last year.
Gram production has increased to 484 thousand tonnes in 2014-15 as compared to 399 thousand tonnes in 2014-15, showing an increase of 21.3 percent.
During July-March 2014-15, the production of Potatoes, Moong, Onions and Chillies increased by 6.3 percent, 6.2 percent, 1.3 percent and 0.3 percent, respectively. While production of other pulses Mash and Masoor (Lentil) decreased by 12.7 and 5.8 percent, respectively.
During July-March, 2014-15 about 446.1 thousand tonnes of improved seeds of various Kharif/Rabi crops were procured.
During July- March, 2014-15, the banks have disbursed Rs. 326.0 billion which is 65.2 percent of the overall annual target of Rs. 500 billion and 27.5 percent higher than disbursement of Rs. 255.7 billion made during the corresponding period last year. The banks were able to achieve 65 percent of their annual indicative targets of Rs 500 billion.
During 2014-15, the availability of water for Kharif 2014 stood at 69.3 MAF showing an increase of 5.8 percent more than Kharif 2013 and 3.3 percent more than the normal supplies of 67.1 MAF. The water availability during Rabi season 2014-15 is estimated at 33.1 MAF, which is 1.8 percent higher than Rabi 2013-14 but 9.1 percent less than the normal availability of 36.4 MAF.
Kharif 2014 started with inventory of 386 thousand tonnes of urea. Total availability of urea (including 122 thousand tonnes of imported supplies and 2451 thousand tonnes of domestic production) was about 2959 thousand tonnes against the offtake of 2716 thousand tonnes, leaving an inventory of 184 thousand tonnes for Rabi 2014-15.
Source: Minitsry of Finance
Incoming search terms:
- economic survey of pakistan livestock 2014-15