English

Explain the contribution of Indian agriculture in terms of Gross Domestic Product.

Advertisements
Advertisements

Question

Explain the contribution of Indian agriculture in terms of Gross Domestic Product.

Explain
Advertisements

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.

shaalaa.com
  Is there an error in this question or solution?
Chapter 7: Primary Sector : Agriculture - QUESTIONS [Page 106]

APPEARS IN

J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 7 Primary Sector : Agriculture
QUESTIONS | Q 8. (b) | Page 106
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×