Economy, asked by prince2463, 1 year ago

Agriculture plays an important role in Indian economy explain

Answers

Answered by shreya18082
28
Agriculture plays an improtant role in indian economy because of the following reasons

1) India is an agricurtural country.
2) Nearly two third of its population depends directly on agriculture gor its livelihood.
3) Agriculture is the main stay of India's economy.
4) It accounts for 26% of the gross domestic product.
5) It ensures food security for the security for the country and produces several raw materials for industries
Answered by dkabita293
6

Agriculture is an important part of India's economy and at present it is

among the top two farm producers in the world. This sector provides

approximately 52 percent of the total number of jobs available in India

and contributes around 18.1 percent to the GDP. Agriculture is the

only means of living for almost two-thirds of the employed class in

India. As being stated by the economic data of financial year 2006-07,

agriculture has acquired 18 percent of India's GDP. The agriculture

sector of India has occupied almost 43percent of India's geographical

area.

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