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ECONOMIC ENVIRONMENT &

POLICY

SECTORAL SHARE OF AGRICULTURE

IN INDIAS GDP

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PRESENTED BY:

Priti Priya

Rajendra Gogineni

Rajul R. Joshi Ravindra Singh Chauhan

Sahiba Juneja

Yash Agrawal

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CONTENTS

INTRODUCTION

ANALYSIS

REASONS IMLPICATIONS

CONCLUSION

RECOMMENDATIONS

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INTRODUCTION

Agriculture is the most important

sector in Indian Economy.

Second largest arable area in theworld after US.

Forms the basis of rural Economy

which is about 72.2% of total

population.

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Importance of Agriculture:

Around 60 % of population is

dependent upon agriculture.

Contributes about 20% to GDP Providing livelihood to around 600

Million people in India.

Recorded growth rate of 3.4 percent in 2008-09

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0% 20% 40% 60% 80% 100%

Ker

Pun

WBTN

Har

Guj

Ass

Mah

KarUttn

All India

AP

Oris

Raj

UP

Jha

MP

Chh

Bih

Labor Employed in Agriculture, %

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Sectoral share of Agriculture

in Indias GDP

Contributes about 20% to GDP

Agriculture Growth Rate in India GDP

had been growing earlier but it is

declining constantly in the last few

years.

Plays a very important role in Indias

GDP

But it is not very effective thus

hampers overall growth of economy.

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ANALYSIS

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Comparison of various sectors in

contribution to the GDP

-8%

-3%

2%

7%

12%

2004-05 2005-06 2006-07 2007-08 2008-09* 2009-10*

GDP Growth

GDP Agriculture and allied activities Industry Services

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Average Annual Growth

Rate of various sectors

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Reasons for decline in

growth of Agriculture Sector

Illiteracy

Corruption

Insufficient Finance Inadequate marketing strategies

Litigations

Fragmented Holdings Natural Resources Degradation

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Continued..

Lack ofTechnological Know How

Extensive use of old farming

practices. Dependency on monsoons.

Inadequate infrastructure &

services Govt. Intervention in Land, Labor

& Market.

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IMPLICATIONS

Widening Rural Urban Income

gaps.

Increased number of Farmers

suicides.

The Crop yields are low

Declination of agro-investments Land reforms were failed

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Continued..

Exploitation ofTenancy

Increasing Rural population

Unbalanced Agro-Development Farmers want to adopt

alternatives other than farming

Increase in the prices of foodgrains

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CONCLUSION:

Agriculture has not been able to

show high growth rate and rarely

its growth has been more than

4%.

Dampened overall growth of

India.

Clear urgency for the Govt. to

uplift agricultural sector.

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RECOMMENDATIONS

Adoption ofNew Technologies.

Increasing Productivity.

Maintaining food security. Emphasis on sharing growth

(equity).

Focus on lagging regions. Women empowerment.

Maintaining agricultural

sustainability.

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