beifly explain the Agricultural wages in India?
Answers
The history of Agriculture in India dates back to Indus Valley Civilization Era and even before that in some parts of Southern India. India ranks second worldwide in farm outputs. As per 2018, Agriculture employed 50% of the Indian work force and contributed 17-18% to country's GDP.
In 2016. Agriculture and allied sectors like animal husbandry, forestry and fisheries accounted for 15.4% of the GDP (gross domestic product) with about 31% of the workforce in 2014.India ranks first globally with highest net cropped area followed by US and China. The economic contribution of agriculture to India's GDP is steadily declining with the country's broad-based economic growth. Still, agriculture is demographically the broadest economic sector and plays a significant role in the overall socio-economic fabric of India.
India exported $38 billion worth of agricultural products in 2013, making it the seventh largest agricultural exporter worldwide and the sixth largest net exporter.Most of its agriculture exports serve developing and least developed nations. Indian agricultural/horticultural and processed foods are exported to more than 120 countries, primarily in the Middle East, Southeast Asia, SAARC countries, the European Union and the United States.