This PSEB 10th Class Agriculture Notes Chapter 7 Contribution of Agriculture in Economic Development will help you in revision during exams.
PSEB 10th Class Agriculture Notes Chapter 7 Contribution of Agriculture in Economic Development
→ In India two-third of its population lives in villages and depends on agriculture.
→ Agriculture is the backbone of the economy of our country.
→ Nearly 54% of labour force is engaged directly in the agricultural sector.
→ During the year 2012-13, the share for GDP from the Agriculture sector was 13.7%.
→ 70 million families are in the business of dairy farming in our country.
→ Raw-material used in many basic industries are obtained from the agriculture sector. e.g. cotton for the textile industry, sugarcane for the sugar industry, jute for the jute industry.
→ There is one more sector after agriculture and industry, which is the service or tertiary sector which adds to the economy of the country.
→ Our country based on population is the second-largest in the world.
→ Nearly 60% of the household consumption comes from the agriculture sector.
→ Grain production in India in 1950-51 was 51 million tons which increased to 264 million tons in 2013-14.
→ In 2012, the buffer stock of food grain was 82 million tons.
→ Govt, of India, passed the food security act in the year 2013, which recommends 5 kg of grains per person per month for 75% rural population and 25% urban population.
→ In the year 2012 India was first in the export of rice by leaving behind Thailand.
→ India is in 10th place in the world in the export of grains and agricultural produce.
→ In the year 2013-14, the trade balance of India was surplus by 25 billion dollars.