Question

What is the trend of contribution of agriculture to GDP since independence?

Answer 1

Explanation:

In India, absolute number of people employed in Agriculture had increased from the period of independence as the population of India has increased in a high rate. But the percentage of population employed in agricultural sector has decreased. Hence the contribution of agriculture to GDP in absolute terms has also increased from the period of independence to the current date.

These confirm that Indian economy was a backward and agricultural based economy at the time of Independence. After 61 year of Independence, the share of agriculture in total national income declined from 50 percent in 1950 to 18 percent in 2007- 08

Answer 2

Agriculture employs country's 50% population. And yet it produces only 15–17% of the country's GDP. The Industries Employ about 25–30% of the Indian population and produce around 25–30% of the country's GDP. Services employ around 20–25% of the country's population and produces 50–60% of the country's GDP.