Contribution of Agriculture in India’s GDP
Agriculture plays a vital role in the Indian economy, contributing about 15.2% tothe gross domestic product (GDP) and providing employment to 43% of the total workforce. India ranks second after China, accounting for approximately 12% of the global agriculture Gross Value Added (GVA).
- Agriculture is also animportant part of internal and external trade, positioning India as a significant agri-exporter, with the sector contributing about 12% to India’s exports. The sector also impacts non-agricultural segments such as agricultural cash crops for raw material (tea, coffee, cotton, jute, sugarcane, oilseeds, etc.)
Challenges of Traditional Agriculture
While achieving food sufficiency in production, ....
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Economic Development
- 1 Strengthening MSMEs: Challenges & Opportunities
- 2 Need for Reforms in Agricultural Marketing
- 3 Reforming the PDS for Better Nutrition
- 4 Monetary Policy & Poverty Alleviation: Challenges and Suggestions
- 5 Public Debt Management: Challenges and Way Forward
- 6 India's Agri-Subsidy and WTO Norms
- 7 FRBM Act: Fiscal Prudence vs. Contingent Compulsions
- 8 Regulation of Pharma Sector in India
- 9 Indian Discoms: Challenges and Suggestions
- 10 Critical Minerals for India