- Sector Growth:
- Meat's share in agricultural GVO rose from 5% (2011-12) to 7.5% (2023-24) (constant prices).
- Livestock sector GVO doubled: ₹4.88L cr (2011-12) → ₹9.19L cr (2023-24).
- Export Surge:
- Meat exports ↑17% YoY (2023-24): $3.83 billion.
- Buffalo meat dominates (98% share), led by UP (60% contribution).
- Structural Shifts:
- Milk's livestock share ↓ (67.2% → 65.9%) while meat ↑ (19.7% → 24.1%).
- Biotechnology & breeding tech boosted productivity.
- Policy Context:
- Beef export banned (cows/calves); buffalo meat export permitted.
- Investments in cold chains/veterinary services enhanced product quality.
NOTE: According to data from the statistics ministry, the Gross Value of Output of bananas was the largest among fruits for the second year in a row in 2023-24 after it ended the dominance of mangoes in 2022-23.
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