Government pegs FY’11 farm growth at 5.4 per cent

• Buoyed by high foodgrains production, the country's farm sector is expected to grow at 5.4 per cent in the current financial year, as against 0.4 per cent a year ago.
• A likely growth in the "agriculture, forestry and fishing sector" is due to an estimated higher production of rice, wheat, pulses, oilseeds, cotton, sugarcane and some horticultural crops, according to Advance Estimate released by the Central Statistical Organisation (CSO).
• The foodgrains production is estimated to grow by 6.5 per cent, oilseeds by 11.9 per cent, sugarcane by 15.2 per cent and cotton output by 41.2 per cent in the 2010-11 crop year, as compared to a previous crop year, it said.