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SABYASACHI SAHANI
Importance of
Agricultural Sector in
Indian Economy
• One of the largest contributor to GDP along with allied
sectors.
• Despite focus on Industrialization, Agriculture remains a
dominant sector in terms of GDP contribution & a source
of employment to millions across country.
(2015, indiainbusiness.nic.in)
Reports Vs. Recent
Studies
• 2008 Report – Increasing rate of population is more than
the ability to produce Rice & Wheat to feed the
population.
• Studies say – India can easily feed its population as well
as produce W-R for global exports.
 Food staple foliage.
 Infrastructure improvement.
 Rise in Farm Productivity.
What Wikipedia states ?
• Agricultural sector’s economic contribution to Indian
Economy is steadily declining due to broad-based
economic growth.
• But still demographically, Agriculture is the broadest
economic sector & plays a significant role in overall
socio-economic fabric.
The Changing Agricultural
Demography Of India
• Causes that influenced the shape and structure of Indian
Agriculture till 2007
o Human Capital
o Technology
o Finance
o Institutions
o Sociology
Agricultural Involvement
Ageing Of Farmers
2008 & 2010
• Aquaculture & Catch fishery was amongst the fastest
growing Indian Industries.
• Observing the growth rate from 1990 to 2010.
• India became the
 6th largest marine & fresh water capture fisheries
producer.
2nd largest aquaculture farmed fish producer.
• Over the last 60 years, there was an increase in average
Kg/Hectare nationwide annual production of various
agricultural items.
India’s position in
2010 World Agriculture
Statistics
• World’s largest producer of
 Milk
• One of World’s largest producer of
 Fresh fruits & vegetables
 Major Spices
 Selected Fibrous Crop
 Several Staples
 Pulses
 Farmed Fishes
 Eggs
 Coconut
 Sugarcane
 Roots and Tuber Crops
FY 2011
• Farmers were able to produce
85.9 million tonnes of Wheat ^ 6.4% from 2010
95.3 million tonnes of Rice, ^ 17% from 2010
Lentils and other staples production increased.
India had become the largest supplier of Rice, Cotton,
Sugar & Wheat.
The amount is double the combined exports of EU-28.
2013
• In the following year , India became the 7th largest
agricultural exporter.
• With a product value of US $ 39 Billion.
Oct 2015- ibef.org
• Agriculture along with allied sectors like Forestry and
Fisheries contributed 13.7% of country’s GDP in 2013.
• Currently, 16.1% of GVA during 2014-15.
• 58% of rural household are still dependent on Agriculture
as principal means of livelihood.
• India became the largest consumer & exporter of spice &
spice products and was ranked 3rd in Farm and
Agricultural o/p.
• The AE formed 10% of country’s export.
Growth Drivers of Indian
Agriculture
Growth
Drivers
Demand-
Side
Drivers
Policy
Support
Supply-
Side
Drivers
It may look Normal .
Envisage the future
contributions !!
My Honest Views
• After a short analysis , I arrived at the clincher that
Effective land reforms may act as an advantage to tenant
farmers. (Marginal category)
Financial assistance and Irrigation schemes to small
farmers without relying on Credit agencies.
Farming has to be intellectually stimulating and
economically rewarding for rural youths.
Agricutural economy in india

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655264371-checkpoint-science-past-papers-april-2023.pdf
 

Agricutural economy in india

  • 2. Importance of Agricultural Sector in Indian Economy • One of the largest contributor to GDP along with allied sectors. • Despite focus on Industrialization, Agriculture remains a dominant sector in terms of GDP contribution & a source of employment to millions across country. (2015, indiainbusiness.nic.in)
  • 3. Reports Vs. Recent Studies • 2008 Report – Increasing rate of population is more than the ability to produce Rice & Wheat to feed the population. • Studies say – India can easily feed its population as well as produce W-R for global exports.  Food staple foliage.  Infrastructure improvement.  Rise in Farm Productivity.
  • 4. What Wikipedia states ? • Agricultural sector’s economic contribution to Indian Economy is steadily declining due to broad-based economic growth. • But still demographically, Agriculture is the broadest economic sector & plays a significant role in overall socio-economic fabric.
  • 5. The Changing Agricultural Demography Of India • Causes that influenced the shape and structure of Indian Agriculture till 2007 o Human Capital o Technology o Finance o Institutions o Sociology
  • 8. 2008 & 2010 • Aquaculture & Catch fishery was amongst the fastest growing Indian Industries. • Observing the growth rate from 1990 to 2010. • India became the  6th largest marine & fresh water capture fisheries producer. 2nd largest aquaculture farmed fish producer. • Over the last 60 years, there was an increase in average Kg/Hectare nationwide annual production of various agricultural items.
  • 9. India’s position in 2010 World Agriculture Statistics • World’s largest producer of  Milk • One of World’s largest producer of  Fresh fruits & vegetables  Major Spices  Selected Fibrous Crop  Several Staples  Pulses  Farmed Fishes  Eggs  Coconut  Sugarcane  Roots and Tuber Crops
  • 10. FY 2011 • Farmers were able to produce 85.9 million tonnes of Wheat ^ 6.4% from 2010 95.3 million tonnes of Rice, ^ 17% from 2010 Lentils and other staples production increased. India had become the largest supplier of Rice, Cotton, Sugar & Wheat. The amount is double the combined exports of EU-28.
  • 11. 2013 • In the following year , India became the 7th largest agricultural exporter. • With a product value of US $ 39 Billion.
  • 12. Oct 2015- ibef.org • Agriculture along with allied sectors like Forestry and Fisheries contributed 13.7% of country’s GDP in 2013. • Currently, 16.1% of GVA during 2014-15. • 58% of rural household are still dependent on Agriculture as principal means of livelihood. • India became the largest consumer & exporter of spice & spice products and was ranked 3rd in Farm and Agricultural o/p. • The AE formed 10% of country’s export.
  • 13.
  • 14. Growth Drivers of Indian Agriculture Growth Drivers Demand- Side Drivers Policy Support Supply- Side Drivers
  • 15. It may look Normal .
  • 17. My Honest Views • After a short analysis , I arrived at the clincher that Effective land reforms may act as an advantage to tenant farmers. (Marginal category) Financial assistance and Irrigation schemes to small farmers without relying on Credit agencies. Farming has to be intellectually stimulating and economically rewarding for rural youths.

Editor's Notes

  1. What , When , Why, Who, How , Feedback ?
  2. Second Largest Agricultural Land in the World – 157.35 Million Hectares. (IBEF) – 17% of total GDP in 2014. (IBRDA)
  3. Rising Farm Productivity in Brazil and China.
  4. Boellje 1992 cited in Gale 1994.
  5. International Journal Of Rural Management – 2007 | Amrita Sharma
  6. International Journal Of Rural Management – 2007 | Amrita Sharma Modern Farming Techniques – HYV – 1 hectares
  7. Green Revolution, Increasing Power Generation, Infrastructure, Knowledge of Gain and Reforms.
  8. Ranked w/I World’s 5 largest producers of over 80% agricultural produce items – Cash crops ( Coffee & Cotton), Livestock and Poultry Meat, with one of the fastest growing rate as of 2011. India was the second largest producer of Wheat & Rice. ( World’s Major Food Staples)
  9. Per Capita Supply of Rice was now higher than per capita consumption of rice every year in Japan.
  10. Indian Brand Equity Foundation
  11. DSD – Population & Income Growth | Inc. Exports | Favorable demographics SSD – Hybrid and Genetically Modified Seeds | Mechanization | Irrigational Facilities | Green Revolution in Eastern India PS – Growing institutional credit | Inc. MSPs | Introduction to new schemes | Opening up of W-R exports
  12. Disguised Unemployment
  13. NABARd and etc . s