Question

Write an essay on ''problems faced by farmers in India''

Answer 1

Agriculture is one of the most important pillars of the Indian economy. The contribution of agriculture and its allied sectors to India’s GDP stood at 13.9% during 2013-14 (Agriculture 2013). More than half of the Indian population is dependent on agriculture for its subsistence. Since the beginning years of economic development, it has been one of the main drivers of growth of the economy as it supplies was a major source of raw materials to most of the manufacturers.

In spite of its great significance to the Indian economy, the share of agriculture and its allied activities in India’s GDP is continuously declining over the years. In 2009-10, it was 14.6% which declined to 13.9% in 2013-14 (Agriculture 2013). The following figure depicts the trend in the agriculture growth from 2007-08 to 2013-14 as compared to the overall GDP growth.