1. MARGDARSHAN SANSTHAN AGRICULTURE
COLLEGE,AMBIKAPUR , SURGUJA (C.G)
Session : 2018-19
COURCE TITLE : AGRI-BUSINESS MANAGEMENT
COURCE CODE : ABM-5221
TOPIC : IMPORTANCE OF AGRIBUSINESS IN INDIAN ECONOMY & BUSINESS MODELS
SUBMITTED BY
ABHISHEK RAMTEKE (B.Sc (Ag.) 2nd YEAR 2nd Sem.)
2. INTRODUCTION
AGRICULTURE IS THE BACKBONE OF INDIAN
ECONOMY. AGRICULTURE IS THE MOST
IMPORTANT OCCUPATION FOR MOST OF THE
INDIAN FAMILIES.
IN INDIA , AGRICULTURE CONTRIBUTES ABOUT
16% OF TOTAL GDP & 10% OF TOTAL EXPORT .
THAT’S WHY INDIA SECURED SECOND POSITION
WORLDWIDE IN TERMS OF FARM OUTPUT. ABOUT
75% PEOPLE ARE LIVING IN RURAL AREAS ARE
STILL DEPENDENT ON AGRICULTURE. ABOUT 43%
OF INDIA’S GEOGRAPHICAL AREA IS USED FOR
AGRICULTURAL ACTIVITY.
3.
4.
5. SHARE IN NATIONAL INCOME
ALTHOUGH THE SHARE OF
AGRICULTURE IN THE TOTAL NATIONAL
INCOME HAS BEEN GRADUALLY
DECREASING ON ACCOUNT OF THE
DEVELOPMENT OF SECONDARY &
TERITARY SECTOR, IT STILL CONTIBUTE
ABOUT 18% OF NATIONAL INCOME IN
2013-14
6. SOURCE OF EMPLOYEMNT
IN INDIA AGRICULTURE IS THE MAIN SOURCE OF
EMPLOYMENT. MORE THAN 56% OF THE LABOUR
FORCE OF INDIA IS ENGAGED IN AGRICULTURE
AND DEPEND ON IT FOR THEIR LIVELIHOOD.
IT BECOME EVIDENT FORM THIS FACT THAT
OTHER SECTOR OF ECONOMY COULD NOT
GENERATE ENOUGH EMPLOYMENT FOR THE
GROWING POPULATION
7.
8. SUPPLY OF RAW MATERIAL TO
INDUSTRIAL SECTOR
MANY INDUSTRIES LIKE COTTON INDUSTRY. SUGAR
INDUSTRIES etc. DEPENDS ON AGRICULTURE FOR THEIR
RAW MATERIAL REQUIREMENT.
MORE OVER WORKERS ENGAGED IN VARIOUS
INDUSTRIES DEPEND ON AGRICULTURE FOR THEIR
FOOD REQUIREMENT.
9. MARKET FOR INDUSTRIAL PRODUCT
AGRICULTURE PROVIDES MARKETS FOR
LARGE NUMBER OF INDUSTRIAL
PRODUCTS. SINCE ABOUT TOW THIRD 2/3
OF INDIA LIVES IN RURAL AREAS, THERE IS A
LARGE RURAL PURCHASING POWER WHICH
HAS CREATED A LARGE DEMAND FOR ALL
TYPE OF INDUSTRIAL PRODUCTS.
GREEN REVOLUTION HAS CONSIDERALY
INCREASED THE PURCHASING POWER OF
THE LARGE FARMERS IN RECENT YEARS.