Social Sciences, asked by shebantih, 3 months ago

Ladak Economy and how it is integrated with west Bengal state’s economy.

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Answered by Anonymous
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the economy of west bangal In 2018–19, its public debt stood at ₹4.0 lakh crore (US$56 billion) or 33% of GSDP.[3] The state primarily dependent on agriculture and medium-sized industry.After the independence of India, West Bengal was still dependent on the central government for meeting its demands for food as production remained stagnant and the Green Revolution bypassed the state. However, there has been a significant spurt in food production since the 1980s. The state is now one of the few with a surplus, producing nearly 20% of the rice and 33% of the potato yield in 2004, despite accounting for only 7.55% of the total population of India.[4] Total export from IT sector of the state is estimated to have crossed ₹ 22,897 crore (US$3.28 billion) in 2018–19.

The economy of Ladakh has been based on small farms and herding. The economy is a stable and self-reliant rural economy. A small-scale farming system was developed by the Ladakhis. Livestock is also a major part of Ladakh's economy.

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