Question

Explain the contribution of Indian agriculture to industry.

Answer 1

1. Agriculture supplies raw materials to agro-based industries like cotton, jute, sugarcane, and oilseeds.
2. It provides food for the workers employed in various industries.
3. Agriculture is the source of capital formation for industries. Savings of the farmers are invested in industries.
4. Agriculture acts as a market for both consumer and capital goods produced by industries.
5. Agriculture is a source of healthy and strong labour for the industries.