Performance of Agriculture Sector in India: Special Reference to Post Reform Period
6 Pages Posted: 26 Jan 2011
Date Written: January 26, 2011
Agriculture is the main occupation of the Indian peoples. Performance of Indian economy is dependent upon the growth of Agriculture sector. It contributes nearly 16% of India’s Gross Domestic Product (GDP) & 13% of total exports. It provides employment to 52% of the country’s work force and livelihood security to more than 620 million people. Agriculture plays an important role in economic development, such as provision of food to the nation, enlarging exports, transfer of manpower to non-agricultural sectors, contribution to capital formation, and securing markets for industrialization. Agriculture forms the backbone of Indian economy and even though large industrialization in last 60 years, agriculture still occupies a place of pleasure.
Keywords: Agriculture, Production, Area, Capital formation
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