Agriculture is a very important sector of the Indian economy. It is because it provides employment to roughly half of India’s workforce and contributes to 17% of India’s GDP. Since independence, a lot of changes have been observed in the sector. Post-independence India was dependent on imports of agricultural produce.
Why is agriculture important for Indian economy give any 2 Reasons?
1.It just not full fill the stomach of their own family alone but the crops which they grow are sold in market . 2. Even their vegetable are exported to different country which support not their economy alone but the economy of the country also.
Why is agriculture important for Indian economy give any two reasons Class 10?
Agriculture is India’s main source of income. It accounts for a quarter of the country’s gross domestic product (GDP). It ensures the country’s food security and produces a variety of industrial raw materials. As a result, agricultural development is a must for our country’s prosperity.
Why agriculture is important in economy?
Agriculture is key for economic transformation, food security, and nutrition. … Agriculture plays a critical role in transforming economies to reach the goal, along with achieving other essential development goals like ensuring food security and improving nutrition.
What are the two importance of agriculture?
#1. It’s the main source of raw materials
Many raw materials, whether it’s cotton, sugar, wood, or palm oil, come from agriculture. These materials are essential to major industries in ways many people aren’t even aware of, such as the manufacturing of pharmaceuticals, diesel fuel, plastic, and more.
What is agriculture in Indian economy?
Agriculture is the most important sector of Indian Economy. Indian agriculture sector accounts for 18 per cent 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.
What is the importance of agriculture?
Agriculture provides most of the world’s food and fabrics. Cotton, wool, and leather are all agricultural products. Agriculture also provides wood for construction and paper products. These products, as well as the agricultural methods used, may vary from one part of the world to another.
What is the importance of agriculture in Indian economy Study rankers?
It ensures food security for the country and produces several raw materials for Industries.
Why is agriculture mainstay of Indian economy?
Agriculture is the mainstay of Indian economy because about 60% of our population depends directly or indirectly on agriculture. b. Provides raw materials to the industries. … India earns foreign exchange by exporting agricultural products.
What are the agricultural season in our country?
India has three cropping seasons — rabi, kharif and zaid. Rabi crops are sown in winter from October to December and harvested in summer from April to June.
Why is agriculture important in a country?
Agriculture plays a critical role in the entire life of a given economy. Agriculture is the backbone of the economic system of a given country. In addition to providing food and raw material, agriculture also provides employment opportunities to a very large percentage of the population.
What is agriculture explain the importance of agriculture?
Agriculture plays a chiefly role in economy as well as it is considered to be the backbone of economic system for developing countries. For decades, agriculture has been related with the production of vital food crops. The Present era of farming contains dairy, fruit, forestry, poultry beekeeping and arbitrary etc.
What is the importance of economic?
Economics is important for many areas of society. It can help improve living standards and make society a better place. Economics is like science in that it can be used to improve living standards and also to make things worse. It partly depends on the priorities of society and what we consider most important.
What is the importance of agriculture in an economy class 8?
It is the primary activity of the nation. It provides employment opportunity to the rural agricultural as well as non-agricultural labourers. It is the source of food and fodder. It also plays an important role in international business in import and export activities.
Why agriculture is the backbone of the economy?
“It is, after all, considered as the backbone of the economy. It forms the basis for food and nutrition security and provide raw materials for industrialization.