Role of agricultural in India economy sector

 

ROLE OF AGRICULTURAL IN IINDIA ECONOMY SECTOR


  • It employs 70% of the Indian people and provides raw materials for industrial industries such as food manufacturing and textile manufacturing.


  • Indian agriculture sector accounts for 18 percent of India's gross domestic product(GDP) and provides employment to 50% of the countries workforce India is the world's largest producer of pulses, rice, wheat, spices and spice products.

  •  Agriculture is called the backbone of Indian economy.


  •  The role of agriculture in economic development necessitates the construction of roads, postal services, marketplace, warehousing, shipping, and a variety of other components to help industry growth goods and the growth of the commercial world.


  • On the requirement of capital formation, there is broad consensus. Because agriculture is the most significant industry in emerging countries like India, the role of agriculture in economic development must play a significant role in accelerating the amount of capital creation. If it refuses to do so, the entire economic growth process will experience a setback.




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