Agricultural Sector Shows Strong Momentum Amid Economic Growth, Says RBI Governor

The Reserve Bank of India Governor highlighted the robust performance of India's agricultural sector, supported by healthy reservoir levels and promising rabi crop prospects. This positive outlook comes as rural demand trends upward, complementing recent government initiatives including the PM Dhan Dhanya Krishi Yojana targeting 100 low-productivity districts. The agricultural sector's strength is particularly significant as it remains one of the four key engines driving India's growth trajectory, with enhanced credit access through expanded KCC coverage benefiting 7.7 crore farmers. This upbeat assessment reinforces agriculture's crucial role in achieving the projected 6.7% GDP growth for FY26.

Source: Reserve Bank of India