Why agriculture is called backbone of the country?
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Agriculture is called the backbone of India because:
Around 50% of India's households are into the occupation of agriculture. A depressed monsoon or crop failure due to pest attack, affects the purchasing power and private final consumption expenditure (PFCE) of this big segment, eventually causing economy wide recession.
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Agriculture is called the backbone of India because:
Around 50% of India's households are into the occupation of agriculture. A depressed monsoon or crop failure due to pest attack, affects the purchasing power and private final consumption expenditure (PFCE) of this big segment, eventually causing economy wide recession.
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Hari711:
hi anushka
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