Contribution of agriculture to the national economy, employment and output | Agriculture | Notes | Summary - Zigya

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Agriculture

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Contribution of agriculture to the national economy, employment and output

  1. Agriculture is the backbone of Indian Economy. About 63% people are directly dependent on agriculture for their livelihood.
  2. About 40% of national income comes for agricultural sector alone.
  3. Agriculture also provides raw materials to many industries e.g. sugar, textile, food and beverage industries.
  4. It also has ensured food security. FCI procures crops at minimum support price to stock. It also distributes among people under PDS [Public Distribution System].
  5. India export wheat, sugar, fruits, tea to foreign countries and earn foreign exchange.
  6. Agriculture also brings happy, prosperity and development in rural economy.
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