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Agriculture is the main stay of …

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Agriculture is the main stay of the Indian economy.Explain the statement by giving example?
  • 1 answers

Preeti Dabral 2 years, 10 months ago

Agriculture is the mainstay of the Indian economy because:

  1. Two-thirds of the population is dependent on agriculture. It generates large scale employment.
  2. It provides food for teeming millions.
  3. It provides raw materials to many agro-based industries like cotton, rubber, sugar.
  4. Export of agricultural products like tea and spices earns valuable foreign exchange.
  5. It contributes 26% of gross domestic product (GDP).
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