"The decline share of agriculture in …
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Posted by Shubham Sonu 4 years, 10 months ago
- 2 answers
Yogita Ingle 4 years, 10 months ago
The declining share of agriculture in GDP become a serious concern for India because:
- Reduction of import duties on agricultural product.
- Subsidy on fertilizers has decreased, leading to a rise in cost of production.
- Indian farmers are facing challenge from International competitions.
- Government is reducing investment in agricultural sectors, especially the irrigation sector.
- There are many industries that process crops/ foods from agricultural sector. They will be out of business too. So economy goes down
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Shubham Sonu 4 years, 8 months ago
0Thank You