Introduction To Indian Economic Development — Flashcards

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Agriculture is called the backbone of the Indian economy because it supports a large share of the population, provides food, supplies raw material to industries, and contributes to trade and services.

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Agriculture means the science and art of producing crops and livestock for economic purpose. The word comes from the Latin word 'Ager', meaning land or field, and 'culture', meaning cultivation. In si…

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At Independence, 72% of the population depended on agriculture. In 2019, about 43% of the population derived livelihood from agriculture. This shows that agriculture still remained a major source of e…

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Agriculture still employs a large workforce in India because enough jobs have not been created in the secondary and tertiary sectors. In the UK and USA, agriculture provides employment to only 2% of t…

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Disguised unemployment means that some workers are engaged in agriculture, but removing them will not reduce output. In Indian agriculture, even if 20% of the people engaged in agriculture are withdra…

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Food crops include rice, wheat, pulses, and coarse cereals. Commercial crops or non-food crops include raw cotton, tea, coffee, raw jute, sugarcane, and oilseeds. Food crops are mainly grown for consu…

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Indian agriculture is called a gamble of monsoons because about 60% of it depends on rainfall. Crop production becomes uncertain when rainfall is too little or too much. Natural factors strongly affec…

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Food crops cover nearly 70% of the land under cultivation. This means that a large part of Indian farmland is used for growing crops needed for food, such as rice and wheat. It shows that food securit…