Mr Pramod Krishnaiah

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MACROECONOMICS
Indian GDP and Dependency on Agriculture
ITM, Bangalore_Batch 06
Presented by
• Pramod Krishnaiah

Jan’2014

Contents










Agriculture in India
Evolution of Agriculture in India
Dependency on agriculture in National Economy
Contribution of Sectors (Agriculture share) in GDP
Green revolution in India
Indian agriculture scenario
India in World of Agriculture
IT in agriculture
Summary

Indian economy and Dependency on Agriculture

ITM-B06
Jan’2014

Presented by :
Pramod. K;

Agriculture in India


Agricultural in India forms the main source of income. The contribution of agriculture in the national income in India is more, hence it is said that agriculture in India is a backbone of Indian Economy.



About 75% of people are living in rural areas and are still dependant on agriculture



About 43% of Indian geographical area used for Agri



Provides food for > 1 Billion



Produces 51 major crops

Indian economy and Dependency on Agriculture

ITM-B06
Jan’2014

Presented by :
Pramod. K;

Advantage India

Indian economy and Dependency on Agriculture

ITM-B06
Jan’2014

Presented by :
Pramod. K;

Evolution of Agriculture in India

Indian economy and Dependency on Agriculture

ITM-B06
Jan’2014

Presented by :
Pramod. K;

Dependency on agriculture
in National Economy
1) Share of Agriculture in the national income:
Year
Contribution of agriculture in National Income





1950-51
1970-71
1930-31
1938-39

57%
43%
40%
33%



Secondly, the share of agriculture in national income has been decreasing.



As per latest estimates released by Central Statistics Office (CSO) the share of agricultural products/Agriculture and Allied Sectors in Gross Domestic Product (GDP) of the country was 51.9 per cent in 1950-51, which has now come down to 13.7 per cent in 2012-13 at 2004-05 prices due to 



shift from traditional agrarian economy to industry and service sectors irregular climatic condition
Source : www.agriinfo.in

Indian economy and Dependency on Agriculture

ITM-B06
Jan’2014

Presented by :
Pramod. K;

Dependency on agriculture
in National Economy


The contribution of agriculture in national income in case of some development countries are as follows. USA – 3% Canada 4% Australia 5%



This indicates that the role of agriculture in the national income in the developed countries is negligible.


More developed a country, smaller is the contribution of agriculture in the national income and vice-versa.

2) Agriculture as a source of livelihood:


In India about 65 to 70 per cent population dependent on agriculture, the population remains almost constant for number of years. On the other hand in the developed countries less than 10 per population dependent on agriculture

Source : www.agriinfo.in

Indian economy and Dependency on Agriculture

ITM-B06
Jan’2014

Presented by :
Pramod. K;

Dependency on agriculture
in National Economy
3) Indian agriculture and pattern of employment:
Year





Percentage of working population in agriculture

1961
1981
U.K.
France

69.5%
59.4%
23%
7%

4) Importance of agriculture in Industrial development:


Many industries dependent on agriculture, raw material from agriculture is supplied to many industries e.g. sugar industries, Cotton Industries, Paper Industries, tobacco industries, Chilies, turmeric etc.



Many industries supply the inputs to the agricultural industry e.g. fertilizers, insecticides, pesticides, implements and machineries like tractors etc.
Source : www.agriinfo.in

Indian economy and Dependency on Agriculture

ITM-B06
Jan’2014

Presented by :
Pramod. K;

Dependency on agriculture
in National Economy
.

5) Role of agriculture in the field of international trade:
 Many agricultural products like tea, sugar, oilseeds, tobacco, spices...
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