Impact (Role) of agriculture on Indian economy-भारतीय अर्थव्यवस्था पर कृषि का प्रभाव (भूमिका)

Right from ancient time, agriculture is backbone of Indian economy .But after LPG changes are seen in developing countries like India. Agriculture has following role to play –

• Role in national income: - After independence its role in Indian economy was 56%. Because of growing industrialization now its share has been reduced to 14%. In developed nations like U.K., U.S.A. its share is just 2%. Thus, its reducing share indicates the (+) ve dynamism of Indian economy.
• Role in employment generation: - After independence it contributed 70% in employment generation but at present its providing employment to 50% of population. In Developed countries like U.K., U.S.A., it provides employment to 2% people. In Japan it provides employment to 5% population while in Bangladesh; its share is as high as 60%.In short, it shows the strength of developing economy of India.
• Role in consumption of common man: - The average consumption pattern of an Indian is linked with the trio of Roti, Kapda & makan. First two are provided by agriculture. An average Indian is vegetarian hence his hunger & nutritional requirement are provided by Agriculture.According to estimate, the agriculture fulfills up to 98% requirements of an averageIndian.
• Role in exports:-  The Indian agro-products & their processed form are always in demand in foreign countries.  The Indian agro & related products contributes 10%  in exports. This export gives the useful foreign exchange to Indian economy.
• Role in economic stability - Even now, the pulse of Indian economy is decided by agriculture. The low production in agriculture gives rise to rising prices of agriculture commodities &iflationary trends. It leads to total chaos.
• To provide raw material to other industries – Agriculture provides raw material to agro-based industries, food processing industries e.g. Sugar-cane to sugar cane industries, cotton to textile industries, oil-seeds to oil industries, Tomato to tomato catch-up industries, apple to Jam industries. In short it has a special role to play in industries.
• That’s why, the Indian Budget is regarded as gamble with monsoon & agriculture products.                                       

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