Why is agriculture called the backbone of the Indian economy? Explain.
Points to remember
- In 2011 ,54.6 percent of the total workforce was engaged in agriculture
- Provide raw materials to industry
- The export of agricultural products helps in foreign exchange.
- Contribute one-third to the GDP
- Provide food to the increasing population .
Answer to be written in Exam
Agriculture is considered the backbone of the Indian Economy due to following reasons:
- As per the census of 2011 around 54.6 percent of the total workforce was engaged in agriculture and allied sector activities . It means more than half of the Indian Population is dependent on agriculture for a living.
- The agricultural industry provides raw materials to manufacturing industries.
- The export of agricultural products helps the country's ability to earn foreign exchange.
- The agricultural sector contributes almost one-third to the GDP .
- In addition, the agriculture industry provides food for our increasing population .