SUSTAINABLE OF AGRICULTURAL DEVELOPMENT IN INDIAN ECONOMY Authors: Nitin Vinayak Gaikwad
ABSTRACT
India is basically an agricultural country where people have relied solely on agriculture for a long time.
In Indian economy agriculture activity is a major economic sector. Agriculture provides food, inputs and
employment to the vast majority of the country's population. Economic development in the first phase of
exports receives significant foreign exchange, which can be used to import large quantities for industrial
development and infrastructure. The key to economic growth seems to lie in the development of the
agricultural sector, which must be emphasized. Interdependence between the agricultural and nonagricultural sectors should be noted. In fact, the growth of your partnership between the agricultural and
non-agricultural industries helps. The demand for non-agricultural inputs of industrial origin drives
industrial activity. Industrial growth increases the demand for wages, goods and commodities that help
increase agricultural employment and income. Rising agricultural revenue creates a market demand for
industrial property. And agriculture contributes to the country's economy. Its contribution to the
country's income is very low, but compared to developed economies it is large. In 1950-51 the
contribution of the agricultural sector to India's national income was 56.10 per cent, now almost 15 per
cent. The contribution to job creation is important in this sector, because in the nation as a whole about
60% of the population depends on agriculture and the related sectors. Agriculture provides food for 121
million people in India, and their contribution to market growth is significant.
Keywords: Mainstays, Sustainable, Phenomenon, Croplands, Green Revolution Publication date: 15/01/2022 https://ijbpas.com/pdf/2022/January/MS_IJBPAS_2022_JAN_SPCL_1025.pdfDownload PDFhttps://doi.org/10.31032/IJBPAS/2022/11.1.1025