¨
Livestock Sector reported
to be strengthening India’s Agricultural Economy.
¨
The livestock sector has been
reported to be strengthening India’s agricultural economy, according to
government data.
¨
The sector has recorded a
compound annual growth rate of 12.77% since 2014–15.
¨
The contribution of
livestock to the Gross Value Added (GVA) of the total agriculture and allied
sectors has increased from 24.38% in 2014-15 to 30.87% in 2023-24 (at current
prices).
¨
The livestock sector
accounted for 5.49% of total Gross Value Added in 2023–24 at current prices.
¨
India continues to rank
first in global milk production, contributing 25% of world output.
¨
Milk production increased
from 146.31 million tonnes to 247.87 million tonnes between 2014–15 and
2024–25.
¨
Per capita milk
availability in India stood at 485 grams per day, higher than the global
average of 328 grams.
¨
As per Food and
Agriculture Organization Corporate Statistical Database (FAOSTAT) production
data for 2023, India ranks second in egg production and fourth in meat
production globally.
¨
Egg production in the
country increased from 78.48 billion in 2014-15 to 149.11 billion in 2024-25,
registering a compound annual growth rate (CAGR) of 6.63% over the past 11
years.
¨
The per capita
availability of eggs is 106 per year in 2024-25, compared to 62 eggs in
2014-15.
¨
Meat production increased
from 6.69 million tonnes in 2014-15 to 10.50 million tonnes in 2024-25,
registering a CAGR of 4.61% over the past 11 years.
