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| 1. |
what is the impact of agriculture in indian economy and employement ? |
| Answer» “Increase in agricultural production and the rise in the per-capita income of the rural community, together with the industrialisation and urbanisation, lead to an increased demand in industrial production”-Dr. Bright Singh.Role of Agriculture in Economic Development:1. Contribution to National Income2. Source of Food Supply3. Pre-Requisite for Raw Material4. Provision of Surplus5. Shift of Manpower6. Creation of Infrastructure7. Relief from Shortage of Capital8.Extension of Market for Industrial OutputFrom the above cited explanation we conclude that agricultural development is a must for the economic development of a country. Even developed countries lay emphasis on agricultural development. According to Muir, “Agricultural progress is essential to provide food for growing non-agricultural labour force, raw materials for industrial production and saving and tax revenue to support development of the rest of the economy, to earn foreign exchange and to provide a growing market for domestic manufactures.” | |