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National Agricultural Policy was announced in the year?

  • The Government of India announced the National Agricultural Policy on July 28, 2000.
  • It was formulated under the provisions of the World Trade Organisation (WTO).
  • The primary objectives of the NAP, 2000 are:
    1. To actualise the vast untapped potential of Indian agriculture
    2. Achieve a growth rate in excess of 4 percent per annum in the agricultural sector.
    3. Focus on the domestic markets and maximise profits from the export of agricultural products.
    4. Achieve growth with Equity and Sustainability; technologically, environmentally, and economically.
    5. To provide insurance protection to farmers
    6. Increase private sector engagement and development of infrastructure.
    7. Contract farming and land leasing to promote private sector participation, accelerated technology transfer, capital inflow, and assured markets for crop production.

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