Agriculture had been the backbone of the Indian economy. But the declining share of agriculture in the GDP is now a matter of various concern.” Explain the meaning of this statement
Answers
Answer:
Agriculture produces raw materials for our various industries, For example: cotton textile and sugar industry. Some agricultural products like tea, coffee and spices are exported and earn foreign exchange.
In India, about 63% people were engaged in agriculture sector in 2001. ... But now, the share of agriculture is declining in the GDP year by year. So, it is a matter of serious concern for all. (iv) Share of agriculture in the G.D.P. has declined from 44% to 24% during 1973 to 2003.
Explanation:
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Answer:
This statement means that around 60% of population is still directly or indirectly working in agricultural sector .even after such a huge share the agricultural sector only contributes 10-15% of GDP so the human resources are overemployed in agriculture but the contribution in GDP is less which is major concern to improvise the situation modern technology should be adopted and various financial loans and awareness programmes should be held