Agriculture In India Overview

Growth in gva in agriculture and allied sectors stood at 4 in fy20.

Ts eamcet results 2020 for medical. By nusrat hassan dh law associates. Gross value added gva by agriculture forestry and fishing was estimated at rs 1948 lakh crore us 27637 billion in fy20 pe. The agriculture industry in india reached a value of inr 56564 billion in 2019.

India is the largest producer of pulses spices milk tea jute and cashew. As per the 2014 fao world agriculture statistics india is the worlds largest producer of many fresh fruits like banana mango guava papaya lemon and vegetables like chickpea okra and milk major spices like chili pepper ginger fibrous crops such as jute staples such as millets and castor oil seed. India is the second largest producer of wheat and rice the worlds major food.

The history of agriculture in india dates back to indus valley civilization era and even before that in some parts of southern india. However after 1958 the growth rate has been positive except in 2002 03 when the indian agriculture sector was affected by severe drought. The agriculture industry in india has tremendous potential for growth and value addition mostly in terms of food processing.

Agriculture is the primary source of livelihood for about 58 of indias population. Agriculture sector in india an overview. As shown in the above figure the initial period after the independence the agriculture sector was facing a negative growth rate.

Indian agriculture an introduction agriculture has been the backbone of the indian economy and it will continue to remain so for a long time. The second largest producer of. Overview and forecasts on trending topics.

The growth rate of the agriculture sector in india 1950 2013. The agriculture industry represents an important component of the indian economy both in terms of its contribution to the gdp as well as a source of employment to the majority of the countrys population. The qa gives a high level overview of agricultural law including acquiring agricultural companies and co operatives competition law land ownership and usage rights pricing and tender processes tax and.

It has to support almost 17 per cent of world population from 23 per cent of world geographical area and 42 per cent of worlds water resources.