New Delhi, Mar 22: Calling for corporatisation of agriculture and asking the industry to view the sector as a "business proposition", the Centre today said economic growth could not be attained merely from manufacturing and services. "Agriculture needs to be looked at as a business proposition and not merely an activity of farmers. There is a need to promote corporatisation of agriculture by encouraging greater industry-agriculture linkages," finance secretary S Narayan said here.
Addressing a select group of industrialists at the PHD Chamber of Commerce and Industry, he said the next revolution would be in value addition in agriculture, especially in food processing.
"It (next revolution) will be possible through accent on value addition, which should percolate at the grass-root level," Narayan said, citing the example of milk experiment.
Stressing that growth in India relied essentially on the development of agriculture sector, he said with the share of agriculture in GDP pegged at around 24 per cent, "The economic growth cannot be attained merely on the basis of manufacturing and services sectors."

Bureau Report