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Article Details ::
Article Name :
STATISTICAL ANALYSIS ON AGRICULTURAL SECTOR PERFORMANCE IN INDIA
Author Name :
O.Hari Babu , P. Chenchu Reddy , A. M. Mahaboob Basha , R.V.S.S Nagabhushana Rao , T. Sudha, B.Madhusudhana Rao
Publisher :
Ashok Yakkaldevi
Article Series No. :
ROR-633
Article :
Author Profile
Abstract :
In India Agricultural sector plays a prominent role even from pre-independency, at the time of independency the total GDP from Agricultural sector was nearly 55%, and nearly 70% of the population are depending on Agricultural sector. Then after post-independency due to the old technology, traditional methods the productivity from Agricultural sector was gradually decreased. Even in the first five year plan the most of the amount around 17.5% of the investment specifically spread for agricultural sector. In the second five year plan the importance has been moved to industrial sector. Even still in India the importance for agricultural sector is increasing because the dependents in agricultural sector is more where as the GDP from agricultural sector is less as compared with other sectors like Industrial sector and service sector. Villages are the back bone for economy, in most of the villages the major occupation is cultivation , from such cultivation the income generation is less, it has reveling an out put the PERCAPITA income of the people is gradually decreased. This explains the standerd of the living of the people is decreased. This paper explains about the performance of Agricultural sector and its importance in the Indian economy.
Keywords :
 
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