International Journal of Multidisciplinary Research and Development

International Journal of Multidisciplinary Research and Development

E-ISSN: 2349-4182
P-ISSN: 2349-5979

Vol. 1, Issue 7 (2014)

Agriculture trends in India

Author(s): C. Narayana Reddy
Abstract: Indian agriculture has seen profound changes during the last five and half decades. The agricultural sector in India is enormously significant despite its declining share in GDP. Sectoral shifts occurring as a result of the development process have raised the share of the Services sector in Gross Domestic Product (GDP) during the 1990s, while Agriculture, which had a predominant share in GDP in the 1950s, contributed only 17.8 per cent 2007-08 (Economic Survey, 2008-09). In the early years of economic planning, food availability was a serious problem in India. The total food grain production was hardly 51 million tonnes in 1950-51, which increased to 234.48 million tonnes in 2008-09. Tenth Plan (2002-07) targets 4 per cent growth rate but reached only 2.30 per cent as the agriculture sector faced drought in 2002-03. Agriculture, in spite of its decline in the share of the country’s GDP, plays a very important role in the all-round economic and social development of the country. The growth rate of the agriculture sector in India increased after independence for the government of India placed special emphasis on the sector in its five-year plans. Further, the Green revolution took place in India and this gave a major boost to the agricultural sector in terms of increased irrigation facilities, provision of agricultural subsidies and credits, and improved technology. This, in turn, helped to increase the Agricultural Growth Rate in India and increased its share in GDP.
Pages: 377-379  |  762 Views  207 Downloads
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