Economy, asked by vijaychand9384, 1 year ago

In iindia percentage of food corp production in national income?

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Answered by Anushkadarekar
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Agriculture in Indian Economy

Indian is an agriculture based country, where more than 50% of population is depend on agriculture.

This structures the main source of income.

The commitment of agribusiness in the national income in India is all the more, subsequently, it is said that agriculture in India is a backbone for Indian Economy.

The contribution of agriculture in the initial two decades towards the total national output is between 48% and 60%.

In the year 2001-2002, this contribution declined to just around 26%.

The aggregate Share of Agriculture and Allied Sectors, Including agribusiness, domesticated animals, and ranger service and fishery sub segments as far as rate of GDP is 13.9 percent during 2013- 14 at 2004-05 prices.

Agricultural exports constitute a fifth of the total exports of the country.

In perspective of the overwhelming position of the Agricultural Sector, gathering and support of Agricultural Statistics expect incredible significance.

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