Salient features of Agriculture in India

India is one of the world’s largest agrarian economies and agriculture is the backbone of our country’s economy. Despite of industrialization and liberalizations it provides employment to around 60% of the country’s population.

1. Agriculture sector includes Agriculture, Forestry & Logging and Fishing.
2. Agriculture is India’s largest Private sector industry.
3. Agriculture is also “most free” private sector industry and it is the only profession that carries no burden of Income Tax.
4. Agriculture is Biggest Unorganized sector of Indian economy and accounts for around 90% of the unorganized work force of the country.

Category: Agriculture Current Affairs • Economy & Banking Current Affairs - 2024