Question

(e) What is the importance of agriculture in India economy
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Answer 1

Agriculture plays a vital role in the Indian economy. Over 70 per cent of the rural households depend on agriculture. Agriculture is an important sector of Indian economy as it contributes about 17% to the total GDP and provides employment to over 60% of the population.

Answer 2

Importance of agriculture in India economy:-

• Nearly two-thirds of its population depends directly on agriculture for its livelihood.

• Agriculture is the main stay of India's economy.

• It accounts for 26% of the gross domestic product.

• It ensures food security for the country and produces several raw materials for Industries.