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Question
Explain the contribution of Indian agriculture in terms of Gross Domestic Product.
Explain
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Solution
A significant part of India’s GDP has historically been derived from agriculture: it accounted for 51.3% of the national income in 1950-51 and dropped to 34.9% in 1990-91. By 2019, agriculture's share in GDP had further reduced to just 16%. This decline in agriculture’s percentage share of national income does not indicate a reduction in agricultural output itself. Instead, it reflects the comparatively faster growth of the non-agricultural sectors of the economy.
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