Question

What is the importance of agriculture in India? Mention two factors.

Answer 1

Hint The historical backdrop of Agriculture in India goes back to Indus Valley Civilization and even before that in certain spots of Southern India. India positions second worldwide in ranch yields. According to 2018, agribusiness utilized more than $50\mathrm{\%}$ of the Indian work power and contributed $17-18\mathrm{\%}$ to the nation's GDP.

Complete step-by-step solutionIn 2016, agribusiness and partnered areas like creature farming, ranger service, and fisheries represented $15.4\mathrm{\%}$ of the (GDP) with about $31\mathrm{\%}$ of the labor force in 2014. India positions first on the planet with the most noteworthy net edited region followed by the US and China. The monetary commitment of agribusiness to India's GDP is consistently declining with the nation's expansive based financial development. In any case, agribusiness is demographically the broadest financial area and assumes a huge function in the general financial texture of India. India traded $38 billion worth of farming items in 2013, making it the seventh biggest rural exporter worldwide and the 6th biggest net exporter. The majority of its farming fares serve to create and least created countries. Indian rural/plant and prepared nourishments are traded to more than 120 nations, fundamentally to Japan, Southeast Asia, SAARC nations, the European Union, and the United States.
Thus, the significance of agriculture is mentioned as:
About $70\mathrm{\%}$ of working populace of India is straightforwardly engaged with agriculture.
Agriculture gives about $33\mathrm{\%}$ of India's public pay.

Note Agriculture assumes a fundamental part of the Indian economy. More than $70\mathrm{\%}$ of the provincial family units rely upon farming. Horticulture is a significant area of the Indian economy as it contributes about $17\mathrm{\%}$ to all-out GDP and gives work to over 60% of the populace.