what is the importance of agriculture in indian economy meritnatnation
Answers
Answered by
0
Agriculture Sector. Agricultureplays a vital role in the Indian economy. Over 70 per cent of the rural households depend onagriculture. Agriculture is animportant sector of Indian economy as it contributes about 17% to the total GDP and provides employment to over 60% of the population.
Answered by
0
Importance of agriculture in Indian economy:-
- Agriculture is the mainstay of Indian economy because about 60% of our population depends directly or indirectly on agriculture.
- It provides raw materials to the industries.
- India earns foreign exchange by exporting agriculture products.
- It contributes about 29% to the Gross Domestic Product.
- It provides food to over 1210.2 million population.
Similar questions