This article is intended to understand the growth of Indian livestock sector in Indian as well as international economy. India has the largest population of livestock globally About 20.5 million people involves in Livestock rearing in India. The contribution of livestock to the total GVA (at constant prices) in agriculture and allied sectors increased from 24.32% in 2014-15 to 30.23% in 2022-23. All India %share of GVA Economic activity for the period of 2018 to 2023, at constant and current prices are discussed in this article. The share of Livestock in the GVA has shown a slight increase, rising from 5.1% in 2018-19 to 5.5% in 2022-23 for current prices and 4.2% in 2018-19 to 4.7% in 2022-23 for constant prices. . India is a leading player globally, especially in milk production, contributing nearly 25% of global Milk output . Egg Produced 142.77 billion nos of eggs in 2023-24, ranking second globally. These findings underscore the vital role of livestock in driving economic growth and sustaining livelihoods in both India and globally.
Inhaltsverzeichnis (Table of Contents)
- Abstract
- Introduction
- Indian economy and livestock sector
- All India %share of GVA Economic activity (2018-2023)
- Indian Livestock and International Scenario
- Major livestock products
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This article aims to analyze the growth of India's livestock sector and its contribution to both the Indian and international economies. It examines the sector's economic impact, its role in providing livelihoods, and its position within the global livestock market.
- Contribution of India's livestock sector to the national GDP and GVA.
- India's global standing in milk, egg, and meat production.
- The role of the livestock sector in providing employment and supporting rural livelihoods.
- Analysis of the growth rate and trends in India's livestock sector.
- Comparison of India's livestock sector performance with global benchmarks.
Zusammenfassung der Kapitel (Chapter Summaries)
Abstract: This section provides a concise overview of the article's purpose, which is to explore the growth of India's livestock sector within the domestic and international economic landscape. It highlights India's significant global position in livestock production and its substantial contribution to the national Gross Value Added (GVA).
Introduction: This chapter sets the stage by discussing India's agricultural achievements since the Green Revolution and emphasizes the growing importance of livestock and livestock products (LLPs) in both developed and developing nations. It highlights the sector's crucial role in global food security and livelihoods. The chapter sets the context for a deeper dive into the current scenario of the Indian economy and its livestock sector.
Indian economy and livestock sector: This section delves into the economic significance of livestock rearing in India, particularly in rural areas. It presents data showcasing impressive growth rates in the livestock sector, its substantial contribution to the nation's GVA, and the significant employment it generates. Specific details on milk, egg, and meat production are provided, emphasizing India's leading global positions in these areas and the substantial economic impact of each. The considerable contribution to exports, particularly buffalo meat, is also detailed.
All India %share of GVA Economic activity (2018-2023): This section presents data on the share of agriculture, forestry, fishing, crops, and livestock in India's Gross Value Added (GVA) at both current and constant prices from 2018 to 2023. It highlights the relatively stable contribution of agriculture and crops and the modest but consistent growth of the livestock sector's contribution to the GVA over this period, further underscoring its importance to the Indian economy.
Indian Livestock and International Scenario: This section analyzes India's position within the global livestock market. It showcases India's leading global role in milk production, its substantial contribution to global milk output, and its strong position in egg production. The chapter also discusses India's meat production, highlighting its ranking among the top five global producers while noting the significant gap between India and leading countries like China and the U.S. The section offers a robust comparison of India's livestock production with global benchmarks, illustrating both successes and areas requiring further attention.
Schlüsselwörter (Keywords)
Indian livestock sector, economic contribution, GVA, milk production, egg production, meat production, global market, rural livelihoods, economic growth, agricultural sector, compound annual growth rate (CAGR), exports of animal products.
Frequently asked questions
What is the primary focus of the "Language Preview" document?
The document provides a comprehensive overview of a study analyzing the growth and economic contribution of India's livestock sector, both domestically and within the international market.
What are the key objectives of the study?
The main goals are to analyze the livestock sector's contribution to India's GDP and GVA, assess India's global standing in milk, egg, and meat production, evaluate the sector's role in providing employment and supporting rural livelihoods, analyze growth rates and trends, and compare India's livestock sector performance with global benchmarks.
What information is provided in the Abstract section?
The Abstract offers a concise summary of the article's purpose, highlighting India's significant global position in livestock production and its contribution to the national Gross Value Added (GVA).
What does the Introduction chapter cover?
The Introduction discusses India's agricultural achievements since the Green Revolution and emphasizes the growing importance of livestock and livestock products (LLPs) in both developed and developing nations. It sets the context for the Indian economy and its livestock sector.
What are the key details discussed in the "Indian economy and livestock sector" section?
This section presents data showcasing the impressive growth rates in the livestock sector, its substantial contribution to the nation's GVA, and the significant employment it generates. It provides specific details on milk, egg, and meat production, emphasizing India's leading global positions and substantial export contributions, particularly buffalo meat.
What data is presented in the "All India %share of GVA Economic activity (2018-2023)" section?
This section presents data on the share of agriculture, forestry, fishing, crops, and livestock in India's Gross Value Added (GVA) at both current and constant prices from 2018 to 2023. It highlights the growth of livestock's contribution to GVA over this period.
What insights are provided in the "Indian Livestock and International Scenario" section?
This section analyzes India's position within the global livestock market, highlighting its leading global role in milk production, its substantial contribution to global milk output, and its strong position in egg production. It also discusses meat production, comparing India's performance with other leading countries.
What are the keywords associated with this study?
The keywords include: Indian livestock sector, economic contribution, GVA, milk production, egg production, meat production, global market, rural livelihoods, economic growth, agricultural sector, compound annual growth rate (CAGR), exports of animal products.
- Citation du texte
- Aswathy Padma (Auteur), 2024, Recent contribution of Indian Economy in Livestock sector and international scenario, Munich, GRIN Verlag, https://www.grin.com/document/1531892
