<p align="justify" class="bodytext">The agriculture ministry on Sunday expressed optimism of achieving higher farm sector growth in 2017-18, quite contrary to the dismal 2.1% projection made by the Central Statistical Organisation (CSO) last week.</p>.<p align="justify" class="bodytext">"We are of the opinion that the lower coverage of area by August, 2017, on account of delayed onset of monsoons has caused a poor reflection compared to the actual positive field situation by December, 2017," the agriculture ministry said in a statement here.</p>.<p align="justify" class="bodytext">It said several parts of the country reported good rainfall after August, which helped the ministry increase kharif coverage in accordance with the targets.</p>.<p align="justify" class="bodytext">On Friday last, the CSO released the first advance estimates of GDP (gross domestic product) and GVA (gross value added) and projected GDP forecast for 2017-18 at 6.5%, down from 7.1% for 2016-17. The main reason for the lower GDP estimates was the poor performance of agriculture and manufacturing sectors.</p>.<p align="justify" class="bodytext">The agriculture ministry noted that higher growth rates in livestock and fisheries sectors contributed to the 2.1% farm sector growth projected by the CSO.</p>.<p align="justify" class="bodytext">"... by December, crop - the dominant sector has bounced back. If this amended and actual field situation are taken into account in computation of the GVA for agriculture sector as a whole, its growth rate can be estimated to be much higher than the advance estimate of 2.1%," it said.</p>.<p align="justify" class="bodytext">The ministry said the sowing for winter crops was progressing well and it expected to achieve "very good" production.</p>.<p align="justify" class="bodytext">"The agriculture sector can, therefore, be expected to register a much higher GVA for the year 2017-18, when final estimate figures are released," it said.</p>
<p align="justify" class="bodytext">The agriculture ministry on Sunday expressed optimism of achieving higher farm sector growth in 2017-18, quite contrary to the dismal 2.1% projection made by the Central Statistical Organisation (CSO) last week.</p>.<p align="justify" class="bodytext">"We are of the opinion that the lower coverage of area by August, 2017, on account of delayed onset of monsoons has caused a poor reflection compared to the actual positive field situation by December, 2017," the agriculture ministry said in a statement here.</p>.<p align="justify" class="bodytext">It said several parts of the country reported good rainfall after August, which helped the ministry increase kharif coverage in accordance with the targets.</p>.<p align="justify" class="bodytext">On Friday last, the CSO released the first advance estimates of GDP (gross domestic product) and GVA (gross value added) and projected GDP forecast for 2017-18 at 6.5%, down from 7.1% for 2016-17. The main reason for the lower GDP estimates was the poor performance of agriculture and manufacturing sectors.</p>.<p align="justify" class="bodytext">The agriculture ministry noted that higher growth rates in livestock and fisheries sectors contributed to the 2.1% farm sector growth projected by the CSO.</p>.<p align="justify" class="bodytext">"... by December, crop - the dominant sector has bounced back. If this amended and actual field situation are taken into account in computation of the GVA for agriculture sector as a whole, its growth rate can be estimated to be much higher than the advance estimate of 2.1%," it said.</p>.<p align="justify" class="bodytext">The ministry said the sowing for winter crops was progressing well and it expected to achieve "very good" production.</p>.<p align="justify" class="bodytext">"The agriculture sector can, therefore, be expected to register a much higher GVA for the year 2017-18, when final estimate figures are released," it said.</p>