2007-03-08 00:32:49 · 11 answers · asked by milita 1 in Social Science ➔ Economics
Agriculture considered as the "Back bone of Indian Economy" is justified to what extent for the Indian Economy today. As to statistics, the actual growth in the agricultural sector during the first four years of the Tenth Five Year Plan was two per cent per annum on an average basis. The slower rate of economic growth in the country is being marked due to stagnation in domestic production in the commodities such as wheat, sugar and pulses.
2007-03-09 05:46:16 · answer #1 · answered by jitesh kumar 3 · 0⤊ 0⤋
Agriculture Is The Backbone Of Indian Economy
2016-10-17 00:03:57 · answer #2 · answered by Anonymous · 0⤊ 0⤋
India is a land of agriculture.60%of profit,comes from agricultural sector,as we are exporting maximum agricultural products.That's to still maximum number of people involved in agricultural sector.So these sector also provide employment.That's why agriculture sector in india is the backbone of indian economy.
2007-03-08 00:48:58 · answer #3 · answered by rocky 1 · 0⤊ 0⤋
Since 70% of the employment oppurtunity comes from the agriculture sector only. It can be truly said that it is the backbone of our economy.
2007-03-08 00:44:45 · answer #4 · answered by pranav d 1 · 0⤊ 0⤋
Because, although its a supposed 'tiger economy' the industrial sector is not as advanced as, say, the US, so most of the population is employed in agricultural/ small industry employment.
Strange that India has nuclear weapons and yet cannot afford to feed it's own people.
2007-03-08 00:37:05 · answer #5 · answered by Anonymous · 0⤊ 0⤋
cause major chunk of our revenue comes from agriculture,directly or indirectly.export of mangoes,coffee,jute,etc add to our revenue.also raw materials for inds like sugarcane,cotton,etc come from the agricultural sector.if i sit to explain it will be a geography/economics period so get ur old txt bks out and read.
2007-03-08 00:54:11 · answer #6 · answered by mots 3 · 1⤊ 0⤋
India got abundant land and people and i'm sure the country will progress fast and succesfully without bribes.
2007-03-08 00:39:06 · answer #7 · answered by FreeHuGs 4 · 0⤊ 0⤋
agriculture and other tertiary jobs are the majority in india
2007-03-08 00:38:00 · answer #8 · answered by ssuasw 3 · 0⤊ 0⤋
India is still mostly a farming country. Most of its citizens are farmers.
2007-03-08 00:35:17 · answer #9 · answered by Samantha 6 · 0⤊ 0⤋
Couldn't tell ya, I don't live there.
But check out an encyclopedia....or the interweb.....it's on computers now.
2007-03-08 00:38:34 · answer #10 · answered by Wedge 2 · 0⤊ 0⤋