Question

What is the role of agriculture in the Indian economy?

Answer 1

Role of agriculture in the Indian economy are:

1. Agriculture is the main source of employment, supporting about 43% of the labour force.
2. It meets the food requirements and provides fodder for livestock.
3. It supplies raw materials to important agro-based industries like cotton and jute textiles and sugar.
4. Agricultural products like tea, coffee, spices, and marine products are important export items, earning foreign exchange.
5. It supplies labour to other sectors and creates a domestic market for industrial goods.
6. Agriculture plays a vital role in internal trade, as most of the population spends a large part of their income on agricultural products.