IAS (Admin.) IAS Mains GS Paper 3 (Science-Tech, Economy, Environment, & Disaster Management) Indian Agriculture-Farm Subsidies and Minimum Support Prices Study Material (Page 1 of 1)

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Role of Agriculture in Indian Economy

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Indian agriculture had reached this stage of development and maturity much before the now advanced countries of the world which embarked on the progress path.

Share in National Income

  • At the time of the first World War II the agriculture contributed about two-thirds of the national income. This was on the account of the practical nonexistence of the industrial development and infrastructure development.
  • Howe…

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Role of Agriculture in India

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Role of Agriculture in the Indian Economy

  • Indian economy is one of the oldest agrarian economies in the world.
  • Agriculture is a large sector of economic activity and has a very crucial role to play in the economic development of the country by providing food and raw materials, employment to a very large proportion of population, capital for its own development and surpluses for economic development of the nation.

Contribution to National Income

  • The agricult…

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