Explain the contribution of the livestock sector to the Indian agriculture economy?
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The livestock sector is a crucial pillar of the Indian agriculture economy, contributing significantly to farmers’ income and rural development. It has consistently shown strong growth, with a Compound Annual Growth Rate (CAGR) of 7.93% from 2014-15 to 2020-21. Its share in the total Gross Value Added (GVA) of agriculture and allied sectors has increased notably—from 24.38% in 2014-15 to 30.87% in 2020-21—highlighting its rising importance. The sector supports millions of small and marginal farmers by providing regular income through dairy, poultry, and meat production, which is less dependent on seasonal changes compared to crop farming. With a large and diverse livestock population, India has become a global leader in milk, egg, and meat production, making the livestock sector not only vital for food security and nutrition but also for employment generation and economic resilience in rural areas.
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