Agricultural Accounting
Keshava S.R. (2014), “AGRICULTURAL ACCOUNTING” in Development of Planning Programme Monitoring and Statistics, Government of Karnataka.
Posted: 3 Feb 2023
Date Written: September 28, 2014
Abstract
Agriculture sector has contributed 12.96% to the total GDP of the State in the year 2012-13. System of National Account considers only the economic benefits derived from the agricultural production but value of land asset is clearly ignored as non-productive. This is one of the several uses to which land is put, and forms a significant part of the total wealth of the state. In Karnataka 49.1 % of the population depends on agriculture for its livelihood. As per the land utilization statistics for 2011-12, out of the total geographical area 190.50 lakh hectares of the State, the net cropped area is 99.41 lakh hectares accounting to 52%.
Keywords: Agriculture, national account, production, wealth, economic benefits, GDP, Government
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