Correct option is B
· During the period 2007-2012, the growth rate of agricultural output in India was 3.2% per annum.
· This growth was supported by the increased availability of credit facilities provided to the agricultural sector, as well as government initiatives aimed at improving infrastructure, irrigation, and technology adoption.
· These measures significantly contributed to the development of the sector during this time.
Additional Information:
The growth in agricultural output during this period can be attributed to various factors, including the National Food Security Mission (NFSM) and the Rashtriya Krishi Vikas Yojana (RKVY), which aimed at enhancing productivity through better input supply, mechanization, and improved farming techniques.
However, despite these efforts, challenges such as uneven rainfall, land degradation, and limited market access constrained growth.
Other Options:
- 5.4% per annum: This figure is higher than the actual growth rate during 2007-2012, as agricultural growth rarely exceeded 4% in this period.
- 6% per annum: Such a high growth rate is unrealistic for agriculture during this timeframe, considering the challenges faced.
- 4% per annum: While 4% was the targeted growth rate in various government plans, the actual growth rate was slightly lower at 3.2% per annum.
