2/3 of India's population is still dependent on agriculture. Justify
Answers
Solution :-
2/3rd of India's population is still dependent on agriculture because of the following reasons.
1) Despite major emphasis on industrial development during last four decades, agriculture continues to play an important role in country's economic growth.
2) In India, agriculture is the main source of employment. In 2004-05, more than 56 % of the total labor force was engaged in agriculture and dependent on it for their livelihood.
3) In a developing country like India where a very large proportion of income is spent on food and the population is increasing rapidly, the demand for food grains has been increasing at a fast rate. Agriculture in India has played an important role in meeting almost the entire food needs of the people.
4) Agriculture plays an important role in industrial development. Many industries like cotton industry, jute industry, sugar industry, food processing industries etc. depends on agriculture for their raw material requirement.
2/3 of India's population is still dependent on agriculture. It is based on the following facts:
Fact 1: The share of agribusiness in India's GDP has consistently declined since 1950, which used to be minimal more than 52% and now stands near 16– 17%. In examination the % of other two divisions in GDP ( Industry and Services) now stands near 20+% and 55+% individually.
In 1950, the GDP of India was around 40 Bn USD which came to about 900 Bn USD in 2015. Thus, Agricultural sectors expanded from 20.5 Bn USD to 150+ Bn USD somewhere in the range of 1950 and 2016.
Fact 2: Employment in the agribusiness Sector as Share of aggregate workforce is around half out of around 500 million laborers in India. In 1951,population occupied with agribusiness were around 100 million out of 140 million working populace.