The Agricultural and Processed Food Product Export Development Authority (APEDA) was established by the Government of India under the Agriculture and Processed Food Product Export Development Authority Act, 1985 (22 of 1986), vide Notification No. G.S.R. 496(E), dated the 11th November, 1986.The Act came into force with effect from the 1st December, 1986.The agricultural sector is the backbone of the Indian economy.
It is the source of livelihood for around 58.5% of the country’s workforce. The sector contributed 16.6% to the country’s GDP in FY18. The sector is expected to grow at a rate of 6.1% in 2019-20. The sector is expected to grow at a rate of 4.5% in 2020-21.
The Indian agricultural sector is diversified. It covers a wide range of activities such as crop production, livestock, fisheries, and forestry. The sector is further classified into foodgrains, horticulture, livestock, poultry, and fisheries. The sector is highly sensitive to weather conditions. The sector is also highly fragmented with a large number of small and marginal farmers.
The Government of India has taken a number of
Agriculture is the mainstay of the Indian economy, contributing around 17–18 per cent to the country’s GDP. India is an agricultural country with around 70 per cent of its population dependent on agriculture for their livelihood. Agriculture not only provides food and raw materials for industries, but is also a large source of employment in India.
Why is agriculture economy important?
Agriculture is vital to society in a number of ways. It provides food for people to live on, habitat for wildlife, and jobs for people to support themselves and their families. Agriculture also provides raw materials for food and other products, and contributes to strong economies through trade.
Agriculture plays a vital role in the Indian economy. With its allied sectors, it is the largest source of livelihoods in the country. 70 percent of rural households in India still depend primarily on agriculture for their livelihoods. 82 percent of farmers in India are small and marginal.
The sector is facing many challenges, including declining productivity, rising input costs, water scarcity and climate change. There is a need to increase productivity and make the sector more sustainable and resilient. The government has taken many initiatives to support the sector, including the Pradhan Mantri Fasal Bima Yojana and Pradhan Mantri Krishi Sinchai Yojana. There is a need to continue to support and invest in the sector to ensure its long-term viability.
Why agriculture is called the backbone of Indian economy
Agriculture is one of the most important sector of Indian economy. It contributes 16% of the overall GDP and accounts for employment of approximately 52% of the Indian population. Rapid growth in agriculture is essential not only for self-reliance but also to earn valuable foreign exchange. India is blessed with vast agricultural resources and has the potential to become the world’s leading food producer. However, the sector is facing several challenges such as declining productivity, fragmentation of land holdings, water scarcity, and climate change. The government is taking various initiatives to boost the growth of agriculture and make it more sustainable.
1. It’s the main source of raw materials: Agriculture is the main source of raw materials for industries such as textile, pharmaceutical, and food and beverage.
2. It’s important to international trade: Agriculture is a key sector in international trade, with many countries relying on exports of agricultural products to earn foreign currency.
3. It plays a big role in a nation’s revenue: Agriculture is a major contributor to a country’s GDP and tax revenue.
4. It provides employment: Agriculture is a major source of employment, with over 1.3 billion people worldwide employed in the sector.
5. It’s crucial to a country’s development: Agriculture is essential for a country’s development, as it provides food security and essential nutrients, as well as raw materials for industry.
6. It can help heal the environment: Sustainable agriculture practices can help heal the environment by reducing pollution and improving soil health.
7. It goes hand-in-hand with war: Throughout history, agriculture has often been affected by war, with crops and farmland being destroyed, and farmers being displaced.
8. It’s a way of life for many: For many people around the world, agriculture is not just a job,
How does agriculture impact the economy?
Agriculture’s share of the overall US economy has grown in recent years, reaching a high of 54 percent in 2021. This sector includes farms, food production, and related industries. Agriculture’s contribution to US gross domestic product (GDP) was $1264 trillion in 2021, up from $1647 billion in 2020. This sector makes up a significant portion of the US economy and plays an important role in the country’s food supply.
Agriculture is an important sector of Indian economy as it contributes about 17% to the total GDP and provides employment to over 60% of the population. Indian agriculture has registered impressive growth over last few decades. The sector has been a key driver of economic growth and poverty alleviation in the country.
The government has been taking various initiatives to promote the sector and make it more productive and efficient. The Pradhan Mantri Fasal Bima Yojana is one such initiative that aims to provide insurance coverage to farmers against crop losses due to natural calamities. The government has also created a dedicated ministry for the agricultural sector – the Ministry of Agriculture and Farmers Welfare.
The sector faces various challenges such as low productivity, dependence on weather, lack of irrigation facilities, etc. However, with the right policies and investments, the sector has the potential to grow further and contribute significantly to the economy.
What are the 3 goals of Indian agriculture?
There are three goals of agricultural development in India. These are: (a) achieving high growth by raising productivity; (b) inclusiveness by focusing on lagging regions, small farmers and women; and (c) sustainability of agriculture.
The Agricultural and Processed Food Product Export Development Authority (APEDA) is the nodal agency responsible for the promotion of exports from the agriculture and allied sectors. In line with the above goals, APEDA has been working towards increasing the export of agricultural products from India.
Some of the recent initiatives undertaken by APEDA include:
• Development of an e-commerce portal for the promotion of exports of agri and allied products
• Setting up of an agricultural export promotion council
• Identification of potential markets for Indian agricultural products
• Development of a comprehensive marketing strategy for Indian agri and allied products
• Assistance to Indian exporters in accessing international markets
• Capacity building of Indian exporters
The above initiatives are aimed at boosting the exports of Indian agricultural products and thereby contributing to the goal of high growth. At the same time, these initiatives also focus on inclusion by assisting small farmers and women exporters. Sustainability is also kept in mind
The service sector is the main source of national income in India, contributing more than 50% of the GDP. However, the agricultural sector employs more than 50% of the population. In that sense, more number of people in India are supported by agriculture.
There are a few reasons for this scenario. Firstly, the agricultural sector is more labor-intensive than the service sector. Secondly, a large proportion of the population lives in rural areas, where the main occupation is agriculture.
Despite the fact that the service sector is the main source of national income, the agricultural sector plays a vital role in the Indian economy. It is the backbone of the country, providing employment to a large part of the population.
Is agriculture the base of Indian economy
Agriculture is a very important sector in the Indian economy. It contributes about 17% to the country’s GDP and employs over 60% of the population. Indian agriculture is diversified and produces a wide variety of crops, including cereals, pulses, vegetables, fruits, oils, and spices. The country is also the world’s largest producer of milk and jute, and the second largest producer of rice, wheat, and sugar. In recent years, the government has been investing heavily in the agricultural sector, with the goal of improving productivity and making the sector more competitive.
India is an agriculturally important country as two-thirds of its population is engaged in agricultural activities. Agriculture is a primary activity in India and it produces most of the food that we consume. Besides food grains, agriculture in India also produces raw material for various industries.
What is the agriculture of Indian economy?
The history of agriculture in India dates back to the neolithic era. India ranks second worldwide in farm outputs, with the agricultural sector employing more than 50% of the country’s workforce and contributing 17-18% to the GDP. The sector is however, fraught with challenges such as small landholdings, water scarcity, and high levels of debt and suicide among farmers. The government has introduced a number of initiatives to address these issues, including the Pradhan Mantri Fasal Bima Yojana and Pradhan Mantri Krishi Sinchai Yojana.
Farming is good for your health. Being a farmer is challenging and stimulating work. It provides a source of income in rural areas. Farm work helps develop younger generations. Farming can help the environment thrive.
What are 5 reasons why agriculture is important
Agriculture is the main source of raw materials for many industries, including cotton and jutefabrics, sugar, tobacco, and edible and non-edible oils. Many other industries, such as processing of fruits and vegetables and rice husking, also get their raw material mainly from agriculture.
Agriculture can both positively and negatively impact the environment. On the positive side, agriculture can trap greenhouse gases within crops and soils, or mitigate flood risks through the adoption of certain farming practices. On the negative side, agriculture can pollute and degrade soil, water, and air.
How can agriculture improve the economy?
Agriculture is a vital sector of the economy and offers a wide range of employment opportunities, from farmers to food processors, distributors, and manufacturers. The sector provides a critical source of food and other products for the country and employs a significant percentage of the workforce.
The government is committed to improving rural employment opportunities and providing support for the agricultural sector. A number of initiatives have been launched to promote agricultural development and create jobs in rural areas. These include the development of agricultural infrastructure, the introduction of new technologies, and the provision of financial and technical assistance to farmers and agro-enterprises.
The government is also working to increase access to markets for agricultural produce, and to improve the linkages between farmers and agro-enterprises. These efforts will create more jobs and improve the incomes of those working in the agricultural sector, while also ensuring that the country has a stable and secure food supply.
India has emerged as one of the leading producers of milk, pulses, jute, and spices in the world. It has the largest cattle herd (buffaloes) and is the second largest producer of rice, wheat, cotton, sugarcane, tea, groundnut, fruits, and vegetables. Goat meat is also a major part of the Indian diet.
What is the main feature of Indian agriculture
The subsistence agriculture system is predominant in most parts of India. The farmer owns a small piece of land and grows crops with the help of his family members. They consume almost the entire farm produce with little surplus to sell in the market. This limits the farmer’s income and opportunities for growth. Additionally, the quality of the produce is often poor since the farmer lacks the resources to invest in better inputs and technology.
Indian agriculture is contributing a lot to the GDP of the country. The sector is multifaceted and horticulture and animal husbandry are two of the main contributors. India is the largest milk producer and ranks 2nd in vegetables and fruits production. The country is also 3rd in fish, egg and poultry production.
Final Words
Agriculture is the backbone of the Indian economy and employs around 54% of India’s workforce. It is the largest source of livelihood for rural India and contributes around 17% to India’s GDP. The sector is also a major source of foreign exchange for the country.
Agriculture is important for Indian economy because it is the main source of livelihood for the majority of the Indian population. It also contributes a significant share to the country’s GDP. Agricultural products are also exported to other countries, which generates foreign exchange for India.
