Question

What is the importance of agriculture in the indian economy?

Answer 1

Hint: Agriculture is the backbone of the Indian economy, with more than fifty percent of the population relying on it either directly or indirectly. The expansion of the agriculture industry in India is directly linked to the growth of the Indian economy. India's agricultural growth has remained stagnating, and the country requires a technological revolution to fulfil the country's expanding population demands. Though urban India has access to information technology, the rural population, particularly in the agricultural sector, has yet to benefit from it. This is where AgriWare Networks comes in to help with solutions to combat this serious issue.

Complete answer:
Contribution in national income- Agriculture used to account for a large portion of India's national GDP, but that proportion has dwindled as the country's industrialization has accelerated. Agriculture still has a larger percentage of India's economy than other economic pursuits.
Employment opportunities- All rural families, whether farm rural families or non-farm rural families, rely on agriculture for a living, either directly or indirectly. Agriculture employs sixty percent of the country's working population and eighty percent of the rural working population today.
Contribution to international trade- Different agricultural goods are exported and imported. Tea, spices, coffee, rice, tobacco, cashew nuts, fruits and vegetables, sugar, meat, and other agricultural products are all exported from India. Contribution to industrial development- Agriculture offers industry with raw materials as well as a market for their manufactured goods. Jute, sugar, cloth, horticulture, edible oils, and other industries rely on agriculture for raw materials, and the agricultural sector also buys tractors, agricultural equipment, chemical fertilisers, insecticides, and other items.
Supply of food grains and fodder
Contribution to revenue- The Indian state government collects land revenue on a yearly basis.
Contribution to poverty alleviation
Contribution in other fields- Agriculture has a crucial role in the development of other economic sectors such as transportation, communication, banking, insurance, internal trade, and other subsidiary sectors.

Note:
Agriculture is the art of cultivating food and cash crops to meet the basic needs of all living things. A succession of phases is used to practise this. They used to cultivate in a relatively small field by following particular methods for their management and improvement in ancient times, but agricultural practises and technologies are fast evolving today, as they involve a set of procedures to follow in order to raise crops. Among the various agricultural practises used are:
Preparation of soil,
Sowing of seeds,
weeds and other undesired plants are removed from the field.
Manuring, and irrigation of crops,
Harvesting and storing of yielded crops.