GDP contribute in agriculture
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India accounts for 7.68 percent of total global agricultural output. GDP of Industry sector is $495.62 billion and world rank is 12. In Services sector, India world rank is 11 and GDP is $1185.79 billion. Contribution ofAgriculture sector in Indian economy is much higher than world's average
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Contribution to GDP:-
- A major portion of GDP in India comes from agriculture: 51.3% of national income in 1950-51, 59.0% in 34.9% in 1990-91. At present (2017) the share of agriculture in GDP is just 17%. Fall in percentage share of agriculture in national income does not imply fall in agriculture production. It only implies the faster growth of non-agriculture production.
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