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Share of Indian Agriculture in economic Growth
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SHARE OF INDIAN AGRICULTURE IN ECONOMIC GROWTH
• Presented to:Dr. Akash Kumra
• Presented by: Kinjal PatelRoll No. 140
INTRODUCTION
• Agriculture: activities related to cultivation of land for the production of crops.
• Agriculture: backbone of Indian Economy
INDIA AT WORLD IN PRODUCTION:1st: milk, pulses, jute & jute like fibres2nd:rice, wheat, sugarcane, groundnut, vegetables,
fruits and cotton productionLeading: spices, plantation crops,
livestock, fisheries and poutry
PERFORMANCE OF THE AGRICULTURE SECTOR
(percent at 2004-05 prices)
Sr. No. ITEM
2007-08
2008-09
2009-10
2010-11
2011-12
1 Growth in GDP in agriculture and allied sector 5.8 0.1 0.8 7.9 3.6Share of agriculture & allied sectors in total GDP 16.8 15.8 14.6 14.5 14.1Agriculture 14.3 13.4 12.3 12.3 12.0Forestry and logging 1.7 1.6 1.5 1.4 1.4Fishing 0.8 0.8 0.8 0.7 0.7
2 Share of agriculture & allied sectors in total GCF 6.4 7.8 7.3 6.2 6.83 GCF in agriculture & allied sectors as percent to
GDP of the sector 16.1 19.4 20.1 18.4 19.8
4 Employment in the agriculture sector as share of total workers(Census 2001) 58.2
Source :Central Statistics Office, Directorate of Economics & Statistics (Department of Agriculture and Cooperation) and Population Census 2001
PERFORMANCE OF THE AGRICULTURE SECTOR
2007-08 2008-09 2009-10 2010-11 2011-120
2
4
6
8
10
12
14
16
18
Share of agriculture & al-lied sectors in total GDPShare of agriculture & al-lied sectors in total GCFGrowth in GDP in agri-culture & allied sector
Perc
ent a
t 200
4-05
pric
es)
Year
KEY FACTORS OFAGRICULTURE IN INDIA
1. Crop Production2. Agricultural Inputs3. Seeds4. Mechanization and Technnology5. Integrated Nutrient Management6. Agricultural Exports
LOW PRODUCTIVITY IN INDIA
1. Subsidies hampering productivity-enhancing investment
2. Overregulation of agriculture3. Government interventions4. Inadequate infrastructure and services5. Inadequate technology, finance and marketing6. Inefficient allocation of water7. Deteriorating irrigation infrastructre
CHALLENGES AND OUTLOOK
1. Improvement in yield2. Sustainable agricultural strategy3. Crop insurance system4. Per capita availability of food grains5. Agricultural marketing in India6. Other attributions
CONCLUSION
• Half of workforce is still engaged in agriculture for their livelihoods and employment, agriulture continues to be a predominant sector of Indian Ecoonomy.
• There is a need to put additional efforts to achieve between 4 and 4.5 percent growth in agriculture.
BIBLIOGRAPHYBook: Indian Economy By Gaurav Datt, Ashwani
Mahajan,Publisher: S.ChandWeb Links:• http://agricoop.nic.in/Policyinit.htm• http://www.agricoop.nic.in/welcome.html• http://indiainbusiness.nic.in/economy/agriculture4.htm• http://en.wikipedia.org/wiki/Economy_of_India#Agriculture• http://en.wikipedia.org/wiki/Economic_development_in_India
THANK YOU