New Delhi, Aug. 2 -- The pace of expansion in the agricultural Gross Value Added (GVA) growth will moderate slightly to 4.5 per cent in the first quarter of the current Financial Year (FY) 2025-26, the rating agency ICRA said in a report.

The estimates are down from 5.4 per cent in the previous quarter. An increase or decrease in Agri-GVA impacts rural incomes, consumption, and overall economic growth, the report said.

It helps control food inflation, benefiting monetary policy, and signals stronger agricultural output.

The figures can also attract more investment into the agri and rural sectors, improving food security and export potential.

However, despite the dip, the outlook of the rating agency remains robust, supported by strong...