Similarly, the production of pulses has not been able to exceed the peak of 14.9 mt reached in 1998-99. The production of pulses at 13.1 mt in 2005-06 was even lower than the levels achieved more than 15 years back (14.3 mt in 1990-91).
The stagnation in production, in turn, can be partly attributed to stagnancy in investment in the agricultural sector which, at constant (1999-2000) prices, at Rs.43,123 crore in 2004-05 was even lower than that of Rs.43,473 crore in 1999-2000. As a result, the ratio of investment to GDP fell from 2.2 per cent in 1999-2000 to 1.7 per cent in 2004-05 (Chart 27).