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(From India Business Insight)
The Economic Survey 2003-2004 has revealed the decline in capital formation in agriculture to 1.3 percent of GDP after 2000-2001 (from 1.9 percent of GDP in the early 1990s). The decline is attributed to the fall in public investment in agriculture since the mid-1990s. The survey has underlined the need for augmenting public investment in agriculture and has listed rural …