Question

What si the contribution of Agriculture in GDP of India.

Answer 1

With GVA of Rs. 39.90 lakh crore , industry sector contributes 29.02% . While, agriculture and allied sector shares 17.32% and GVA around of 23.82 lakh crore INR. ... India accounts for 7.68 percent of total global agriculture output . GDP of industry sector is $495.62 billion and world rank is12

Answer 2

The contribution of Agriculture in GDP of India is approximately 18%.

Explanation:

• Before the economic reforms were introduced in 1991, the Indian economy was majorly dependent on the agriculture sector.
• The output of the agriculture sector had grown considerably after the advent of the Green Revolution. But in a few years after the Green Revolution happened, the output started declining.
• Though the contribution of the service sector surpassed the contribution of the agriculture sector after the economic reforms were introduced, the wide between output and employment in the agriculture sector kept on increasing, i.e., the number of people dependent on agriculture for sustenance remained the same but the output went on decreasing.