2. Introduction
Important component for economic
development:
Natural Resources
Capital Formation
Social Institutions & Political Situation.
Government Policies & it’s implementation.
3. Agriculture in India
Agriculture is the mainstream of Indian
economy.
It is the means of livelihood of almost two
third of the work force in the country.
Worlds largest cattle population.
Second largest producer of wheat, rice and
sugar.
4. Characteristics of Indian Economy:
Low per capita income.
Low Standard of Living.
High Poverty.
Unequal income distribution.
Technological Backwardness.
Unemployment.
5. Importance of Agriculture in Indian
Economy:
Agriculture occupation & GDP of India.
Major source of Livelihood.
Employment.
Industrial Development.
Global Trading.
Development of Infrastructure.
6. Changing Patterns
Barter System.
Traditional way of Agriculture.
Green Revolution.
Cycle of development in agriculture and
development in economy.
7. Present Situation & problem of
Agrarian Economy:
Agriculture incompetent to add to the
economic growth.
Dependency for loans & therefore decision of
policies by international organizations.
Withdrawing of Govt. from various services
because of external influences.
Shifting of cropping pattern mainly to cash
crops.
New economic policy.
8. Conclusion
Agriculture is still the biggest employer in India, with
54% of the population engaged in farming.
43% of all India's land in used in agriculture, but it
only contribute 16% of the Indian GDP.
According to WHO 61% of all farmers cultivate less
then 0.4 hectors only enough to feed themselves.