Importance of Agriculture in the Indian Economy

Almost more than half of the population residing in India depends on agriculture which holds a very crucial place in the economy:

  1. Employment opportunities are provided by agriculture as well as non-agricultural activities.
  2. Agriculture plays a very crucial role in international trade as well as import and export.

Role of Agriculture in Indian Economy

Role of Agriculture in Indian Economy: Agriculture is the foundation of the Indian economy. The population of India mostly depends on agriculture for their livelihood and agriculture contributes to 40 percent of the total GDP of the country. While agriculture is one of the most important sectors, it has taken a comparative backseat and the service sector is leading the way.

Table of Content

  • Agricultural Sector in the Indian Economy
  • Importance of Agriculture in the Indian Economy
  • Role of Agriculture in the Indian Economy

Role of Agriculture in Indian Economy

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Indian economy is predominantly dependent on the agricultural sector and the agricultural sector supports the industrial as well as international trade in both imports and exports. Even though the contribution of agriculture is reducing gradually, it is still the most important sector on which most of the working population depends on....

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