Agriculture plays a crucial role in India
Livelihood - Approximately 60% of India's population depends on agriculture for their livelihood. Contribution to National Income - In 1960-61, agriculture contributed 52% to the national income. - By 2022-23, this contribution decreased to 17%, reflecting the diversification of the economy. Food Security - Agriculture ensures self-sufficiency in meeting the food needs of India, the world's second-most populous nation. - India is a major producer of agricultural commodities. Supply of Fodder - Agriculture provides fodder for the livestock sector. - India boasts the largest livestock population globally. International Trade - India is a top exporter of rice and wheat, earning valuable foreign exchange reserves. Marketable Surplus - The surplus generated by agriculture encourages people to engage in mining, manufacturing, and non-agricultural sectors. Source of Raw Material - Agro-based industries rely on agriculture as their principal source of raw materials. - …
