New Delhi, Oct 21 (Inditop.com) The Prime minister’s Economic Advisory Council Wednesday recommended that the agriculture and power sectors should be given special focus in the next few years.
“Over the medium term, we need to largely focus on two major sectors, agriculture and power,” C. Rangarajan, the chairman of the advisory council, told reporters while releasing the “Economic Outlook for 2009-10” here.
“In the power sector, we really need to ensure that the target we have earmarked is realised. We are already short of target. We have to add 50,000 MW in last two years of the 11th plan,” he said.
Rangarajan also called for measures to ensure a good rabi crop. “We hope that the Rabi output would be good.”
Any reduction in foodgrain output will have an impact on agriculture GDP, he added.
Rangarajan also stated that this year’s erratic monsoon has impacted the agriculture growth rate.
The council has projected a growth of 6.5 percent in the current fiscal.
