scholarly journals An Analytical study of Contribution of Agriculture Sector in growth of Indian Economy

2021 ◽  
Vol 7 (1) ◽  
pp. 8
Author(s):  
Alok K. Sharma ◽  
A. Rajawat ◽  
V. Gupta ◽  
undefined undefined
Keyword(s):  
Analytical Study ◽  
Indian Economy ◽  
Agriculture Sector

Growth and Performance of Agriculture Sector in India

2015 ◽  
Vol 3 (2) ◽  
Author(s):  
Naresh Singla ◽  
Mamandeep Kaur
Keyword(s):  
Growth Rate ◽  
Capital Formation ◽  
The Other ◽  
Agricultural Credit ◽  
Agricultural Growth ◽  
Indian Economy ◽  
Agriculture Sector ◽  
Food Grain ◽  
And Performance ◽  
Agricultural Labourers

The growth of agriculture and allied sectors is critical for the Indian economy as about 49 percent of the population is directly or indirectly dependent on agriculture. During the last decade and so, the agriculture sector has undergone profound changes resulting in sharp deceleration in its growth. The study has attempted to analyze growth and performance of the agriculture sector in India since 1980-81 and tries to comprehend some of the factors responsible for the deceleration in growth. The study has shown that agriculture sector has been able to show tremendous improvement in expansion of area and production of food grain and non-food grain crops. However, there are so many underlying factors responsible for slowdown of the agricultural growth. Some of the factors identified include: Increase in area under non-agriculture uses, excessive dependence on rain fed farming, increase in number of agricultural labourers, reducing size of the operation holdings, over use of agri-inputs, inequity in the distribution of agriculture credit along with sharp deceleration in public gross capital formation in agriculture etc. The study pointed in order to achieve higher growth rate, there is a need to enhance the gross capital formation in agriculture sector particularly on irrigation so that more area can be brought under assured irrigation. Bringing equity in distribution of agricultural credit coupled with judicious and need-based agricultural inputs are some of the other recommendations drawn based upon the study.

An Analysis of Agriculture Sector of Inclusive Growth in India

2021 ◽  
Vol 8 (4) ◽  
pp. 83-90
Author(s):  
P Chennakrishnan ◽  
D Thenmozhi
Keyword(s):  
Labor Force ◽  
Agricultural Sector ◽  
Human Being ◽  
Inclusive Growth ◽  
Rural Infrastructure ◽  
Indian Economy ◽  
Agriculture Sector ◽  
Service Sectors ◽  
Independence Era ◽  
The Government

Agriculture remains the dominant supporter of the Indian populace. The thriving industry and service sectors depend on the agricultural sector for their development. The inter-linkage among the three sectors could not be undermined at any cost. It is the massive absorbent of the labor force even though the disguised unemployment exists in varied magnitude. The share of agriculture to the GDP has come down from 57.7% in 1950-51 to 32.2% in 1990-91 at the time of liberalization, 24.6% in 2000-2001, 15.7% in 2009-2010 then 17%. In the post-independence era, stagnant production, low productivity, traditional technology, and poor rural infrastructure were the major challenges for the Government. India is principally an agricultural country. The agriculture sector estimates 18.0% of the GDP and employs 52% of the total workforce. There is a continuous steady decay in its presence towards the GDP, and the agriculture sector is losing its shine and anchor position in the Indian economy. The problems with which the Indian agricultural scenario is charged in present times are many. Still, this in no way undermines the interest of the sector and the role it can play in the holistic and inclusive growth of the country. Agriculture is fundamental for the sustenance of an economy, as is food for a human being.

scholarly journals Farmers perception and awareness about agriculture insurance scheme – a study of north karnataka

2021 ◽  
Vol 10 (3) ◽  
pp. 33-40
Author(s):  
N Maruti Rao
Keyword(s):  
Climate Change ◽  
Crop Insurance ◽  
High Time ◽  
Crop Loss ◽  
Insurance Company ◽  
Insurance Policy ◽  
Insurance Scheme ◽  
Indian Economy ◽  
Agriculture Sector ◽  
Awareness Programme

Agriculture is considered the backbone of Indian economy. The agriculture sector determines the growth and sustainability of Indian economy. About 52% of India’s workforce and 21% of India’s population still relies on agriculture for employment and livelihood. In spite of this, 197 farmers had committed suicide in 2015 in Karnataka (till September) and North-Karnataka accounted for 25 percent of such suicide cases compared to an average of 15 percent in remaining 5 regions of Karnataka (as per political map of Karnataka). As per the officials from agriculture department, none of the farmers who committed suicide had taken a crop insurance policy. These lives might have been saved if the crop is insured against climate change. As per the records of Agriculture Insurance Company of India (AIC) Ltd, only 16.3 percent of all farmers in Karnataka are covered under the NAIS. In the light of this observation, the researcher felt that it is high time to assess the awareness and existing knowledge about crop insurance among farmers. It is also necessary to assess perception of farmers about crop insurance. The study reveals that farmers have lot of faith in Pradhan Mantri Fasal Bima Yojana. They have strong confidence in PMFBY that it will provide security against Crop Loss. However, they opined that there is no provision in the policy for risk coverage of both Kharif and Rabi Seasons. It is suggested that crop insurance should be delivered along with crop loan through banks. The agriculture department (GOK) should conduct an awareness programme in collaboration with Management Educational Institutes. This will not only help in creation of awareness but also educating farmers about crop insurance

scholarly journals Impact of FDI in Agriculture Sector in India: Opportunities and Challenges

2019 ◽  
Vol 8 (3S) ◽  
pp. 380-383
Keyword(s):  
Direct Investment ◽  
Agricultural Sector ◽  
Negative Impact ◽  
Fdi Inflows ◽  
Indian Economy ◽  
Agriculture Sector ◽  
Course Of Action ◽  
The People ◽  
The Impact ◽  
Agrarian Development

Foreign Direct Investment has a vital errand to do in the rustic part for the Indian financial system. FDI is empowered in the cultivating section to improve the idea of yields. In the Indian Economy the FDI inflows to the cultivating portion since 2010 – 2018 there is an important perfection in the Agriculture section. Agriculture is said to be the establishment of the nation and it encompasses of 65% of the Indian people. Along these lines, the methodologies are limited in gathering to the agriculture influences a people. In order to forgo the poverty, government has upheld the FDI in Agricultural part and it is most acclaimed way to deal with discard the dejection and longing for. There is an emergency in agrarian part because of the colossal advances and advances which are paid by the banks to the ranchers. The ongoing patterns in the horticultural part have delineated a deceleration in the agrarian development. FDI in Agricultural Sector is one of the copious walks in improving bothers of Indian Farmers. For propelling cultivating improvement, reducing poverty and hunger, and progressing environmental supportability, country theory is crucial. FDI enthusiasm for agriculture requires a logically point by point ask about. Both positive and negative impact should be eagerly examination, with respect to Indian economy. In order to grow the lifestyle for the people and to engage those to use for sound and reflex improvements it is pivotal principal that, capital course of action ought to occur at a higher rate. This paper attempts to consider the impact of FDI in India expressly in green part and to examine the likelihood and confusions looked by the fragment in pulling in the black out budgetary masters adjacent to the various exercises taken by the administrationBased on the results and findings, suitable suggestions and conclusions will be made for the further research.

scholarly journals A Study on Sectorial Contribution of GDP in India from 2010 to 2019

2020 ◽  
pp. 18-31
Author(s):  
G. Sabitha
Keyword(s):  
Public Administration ◽  
Null Hypothesis ◽  
Secondary Data ◽  
Gdp Growth ◽  
Mining Sector ◽  
Indian Economy ◽  
Independent Variables ◽  
Agriculture Sector ◽  
Key Sectors ◽  
The Impact

Aims: The GDP growth of Indian Economy had touched the six year low in the first financial quarter of April-June 2020. It touched 5.8% growth in January-March, although in nominal terms India’s GDP grew by 7.99% which is also lowest. This paper amid at studying the impact on key sectors bearing the brunt of Indian Economy slowdown is Agriculture, Automobile, Real Estate, and FMCG among others.  Study Design: Secondary data is used for the present study. The dependent variable in the study is GDP components and sectors are considered independent variables. Place and Duration of Study: The data has been collected for the period 2015 to 2019. Data is related to contribution of sectors to Indian GDP is considered. Methodology: GDP is measured by a number of components but in this study only Agriculture, Manufacturing, Construction, Mining, Public Administration and Utilities sectors, were selected as major components for the period selected for the study. Correlation and Multiple regressions have been used to analyze the collected data. Results: Coefficient of agriculture parameter tells dependability of agriculture sector on GDP. Simultaneously manufacturing, public administration and utilities have positively dependability on GDP. Whereas mining sector that tells about no dependability of mining sector on GDP. Conclusion: There is a significant relationship between correlation values of agriculture, construction, manufacturing, mining, public administration and utilities with GDP. So, null hypothesis has been rejected.

scholarly journals AGRICULTURE SECTOR: IMPORTANT CHALLENGES AND PROSPEROUS OF INDIAN ECONOMY.

2018 ◽  
Vol 6 (3) ◽  
pp. 1318-1324
Author(s):  
Sangappa V ◽  
◽  
Maman shetty ◽  
Keyword(s):  
Indian Economy ◽  
Agriculture Sector

scholarly journals Relation between Extent of Participation and Extent of Knowledge of Farm Women in Various Farms Practices

2017 ◽  
Vol 4 (3) ◽  
pp. 198-201
Author(s):  
R. Mishra ◽  
A.K. Gupta
Keyword(s):  
Indian Population ◽  
Geographical Area ◽  
Vital Role ◽  
Farm Women ◽  
Grain Production ◽  
Economic Data ◽  
Indian Economy ◽  
Agriculture Sector ◽  
Per Capita ◽  
Food Grain

Agriculture is an important part of India's economy and at present it is among the top two farm producers in the word. This sector provides approximately present of the total number of jobs available in India and contributes around 13.5 percent to the GDP. Agriculture is the only means of living for almost two-thirds of the employed class in India. As being stated by the economic data of financial 2014-15, agriculture has acquired 13.5 percent of India's GDP. The agriculture sector of India has occupied almost 43 percent of India's geographical area agriculture play a vital role in the in the Indian economy over 70 percent of the rural house hold depend on agriculture. Agriculture is an important sector of Indian economy as it contributes about 60 percent job the population. the food grain protection has form 57 million tons (MT) in 1950-57 to268MT during 2013-14 highest ever since independence. In the years since its independence, India has made immense progress towards food security. Indian population has tripled, and food - grain production more than quadrupled. There has been a substantial increase in available food-grain per capita. Present study was carried out in two blocks of district Satna with 120 farm women. Eight farm practices were selected after the consultation with officials and farmwomen. Correlation coefficient was used to find out relation between extent of knowledge and extent of participation of the farmwomen with regard to the practices. It was found that there is a equal variables positive and negative, significance and non-significant relationship between participation and knowledge of the respondents.Int. J. Soc. Sc. Manage. Vol. 4, Issue-3: 198-201

scholarly journals FOREIGN DIRECT INVESTMENT AND INDIAN AGRICULTURE: ITS PROS AND CONS

2019 ◽  
pp. 15-17
Author(s):  
Dr.Gaonkar Gopalakrishna M
Keyword(s):  
Developing Countries ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Poverty Reduction ◽  
Global Market ◽  
Market Place ◽  
Indian Economy ◽  
Agriculture Sector ◽  
Indian Agriculture ◽  
Significant Step

FDI has become one of the important boosts to promote the progress of developing countries. In reality FDI helps to bring technology, create employment opportunities, increases productivity and integrating developing countries into the global market place. In that process raising stranded of living and poverty reduction is possible in the country concerned. Thus, FDI is inevitable inclination in every field of the country in recent years. Agriculture is one of the prominent sector in Indian economy which contributes more than 19% of GDP and 65% employment in India. Performance of Indian economy depending upon the improvement in the agriculture sector. Thus, boosting the agriculture is the need of the hour.This paper tries to analysis merits and demerits of FDI for agriculture in Indian context. In the midst of globalization, positive changes in any sector of the economy is the welcoming move. Indian agriculture and the population depending on it, are always important to India. Thus FDI to promote agriculture is certainly a significant step. However, after the reformation in1991, agriculture sector opened for foreign investment and was also followed by better technology, better seeds and thus rapid growth. KEW WORDS: Foreign Direct Investment,Agriculture, capital, inflow, globalization

scholarly journals Demonetization Effect on Agriculture Sector - Problems and Prospects

2019 ◽  
Vol 8 (3) ◽  
pp. 288-296
Keyword(s):  
Sampling Technique ◽  
Daily Basis ◽  
Retail Sector ◽  
Indian Economy ◽  
Agriculture Sector ◽  
The People ◽  
Multi Stage ◽  
Currency Note ◽  
The Government ◽  
Cash Reserves

Agriculture in Indian, economy shares around 50 per cent of the workforce. Farmers, who are considered as the backbone of our national economy, were sternly affected by the currency note demonetization of Indian economy. Most of the farmers who are availing loans from cooperative banks have no cash reserves to supply them. With this effect farmers were not able to buy seeds, fertilizers and other required things for farming on time. It took almost 8 weeks to resolve this issue. Till that time, farmers found it very difficult, they normally deal their transactions in cash. The cash transactions in our economy are extremely high when compared with the total number of electronic transactions carried on a daily basis. Most of the earlier studies emphasizes more about cashless payments and its advantages, Debit and Credit Cards using in retail sector, epayments and their problems faced by the public in using plastic cards for payments etc., all these could not solve the shortage of currency in the country at a time. Eventhough there is no much difference in value and volume of currency i.e., the calculated values for the hypotheses formulated are 0.148 and 0.075 respectively, but the people were much more suffered due to the demonetization of currency by the Government due to that agriculture sector severely affected. The previous studies could not much focused on agriculture sector. Hence, this kind of specific study is highly needed in the context of demonetization. By using multi-stage random sampling technique 330 sample respondents were selected.

Sign in / Sign up

Export Citation Format

Share Document