Question

The declining share of agriculture in the gdp is a matter of serious concern in india

Answer 1

Answer:

1. If the produce in agriculture reduces, then it means that there is not much work for the rural farmers. There is more unemployment.

2. There are many industries that process crops/foods from agricultural sector. They will be out of business too. So economy goes down.

3. The stock exchange indices also go down. That leads also devaluation of currency.

4. People in the nation go hungry due to lack of sufficient produce.

5. Grains and seeds need to be imported. Hence government and people have to spend money for import and pay extra too.

6. The businesses of banks may also suffer. 

7. That also means self sufficiency suffers. This could to toppling of even governments.