Economy watch
The farm sector, long regarded as the laggard that has been holding back the India growth story, may throw up a pleasant surprise.
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Agricultural growth
Status: 3.6 per cent in Q2, 2007-08
Impact: The farm sector, long regarded as the laggard that has been holding back the India growth story, may throw up a pleasant surprise. Click here to enlarge
The government’s increased focus, and massive expenditure, on the agricultural sector has begun to bear results.
The growth rates are beginning to perk up, thus, compensating, albeit only very slightly, for the slowdown in the services and industrial sectors.