Why do you attach so much importance to agriculture in present Indian economy?

Question

Accepted Answer

Agriculture is the most important sector of Indian economy because:

1. It accounts for about 58 percent of employment in the country (as per 2001 census).

2. Moreover, this sector is a supplier of food, fodder for a population of over 120 crores and raw materials for agro-industries.

3. Recently, the rural sector (including agriculture) is being seen as a potential source of domestic demand, showing its relevance in growth of secondary and tertiary sectors.

4. Various studies indicate that the potential of rain fed areas has not been fully utilised. A targeted development of rain fed areas should be prioritised. India's 60-year quest for land reform remains incomplete.