Contribution of agriculture to the national economy, employment and output in five appropriate points(in context of geography class 10 ncert)
Answers
Contribution of agriculture to national economy:
(1) it provides employment to over 50℅ of working population of the country.
(2) it contributes to more than 10℅ in the GDP.
(3) it provides raw materials to industries.
(4) it is a major consumer of sectors like secondary and tertiary.
(5) it is one of the most employment generating sector in rural areas.
Answer:
Since agriculture employs more than 60% of the population and contributes around 17% of the country's GDP, it is a significant sector of the Indian economy.
Explanation:
Contribution of agriculture to the national economy:
Agriculture's contribution to the GDP increased from 17.8% in 2019–20 to 19.9% in 2020–21. The last time the agricultural sector's share of the GDP reached 20% was in 2003–2004. To become a high-income nation is one of every developing nation's primary objectives. Along with attaining other crucial development goals like guaranteeing food security and enhancing nutrition, agriculture is crucial in helping to change economies and reach the target. The Indian economy's most significant sector is agriculture. 50 percent of the workforce in India is employed in the agriculture industry, which contributes 18% of the country's GDP.
Contribution of agriculture to the employment:
According to the World Bank's collection of development indicators, which was produced from officially recognised sources, employment in agriculture (percent of total employment) (modelled ILO estimate) in India was recorded at 41.49 percent in 2020.
Thus, contribution of agriculture to the national economy and employment is very high.