International Journal For Multidisciplinary Research
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Volume 6 Issue 6
November-December 2024
Indexing Partners
Agriculture a Growing Sector - Essential for Economic Growth in Indian Economy (Challenges, Problems and Remedies)
Author(s) | Seraphinus Kispotta/Shilpa Lakra |
---|---|
Country | India |
Abstract | Abstract Agriculture sector also known as primary sector is essential for economic growth in any economy including India. It has emerged as the essential-growing sector in the global economy since independence. It was seen that the highest percentage of household and land holdings were found in marginal category with 75.41 percent and 29.75 per cent followed by small category. Only 0.24 per cent of household has a land holding of 5.81 per cent under large category. As far as the comparative yield of the selected crops such as Rice, Wheat, Corn, Coarse grain and Soybean are concerned, the highest yield in India was found in Rice followed by Wheat and Corn as per Foreign Agricultural Service, USDA. Slow agricultural growth is a concern for policymakers as some two-thirds of India’s people depend on rural employment for a living. Current agricultural practices are neither economically nor environmentally sustainable and India’s yields for many agricultural commodities are low. Poorly maintained irrigation systems and almost universal lack of good extension services are among the factors responsible. Farmers’ access to markets is hampered by poor roads, rudimentary market infrastructure, and excessive regulation. Various government and non-governmental schemes have been launched to accelerate the agricultural growth in India. Various recommendations have been put forward to maintain and accelerate the growth & contributions of this sector & to develop it as a true engine of economic growth. |
Keywords | Agriculture, Commodities, Farmers, Market, Infrastructure, Regulation |
Field | Biology > Agriculture / Botany |
Published In | Volume 6, Issue 6, November-December 2024 |
Published On | 2024-11-25 |
Cite This | Agriculture a Growing Sector - Essential for Economic Growth in Indian Economy (Challenges, Problems and Remedies) - Seraphinus Kispotta/Shilpa Lakra - IJFMR Volume 6, Issue 6, November-December 2024. DOI 10.36948/ijfmr.2024.v06i06.31481 |
DOI | https://doi.org/10.36948/ijfmr.2024.v06i06.31481 |
Short DOI | https://doi.org/g8r8h3 |
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