Agriculture, as we all know, is the backbone of any country. For example, the major population of India is working as farmers accounting for around 16% of the total GDP. This ratio is enough to say that India is highly dependent on its agriculture as a huge amount of land is used for it. There is no doubt that agriculture plays a crucial role in the overall growth of any country and so it is necessary to ensure its development. Special attention should be given to this sector so that farmers use the latest technology for agriculture that results in higher yield. Better the agriculture, higher will be the growth of the nation.
The impact of agriculture on the country’s growth is definitely quite high and that is why efforts need to be made to improve it. Various schemes should be integrated for the betterment of the farmers along with guiding them on the new ways of farming. Measures need to be taken to overcome the loss due to heavy or inadequate rainfall so that the farmers can live a happy life.
Agriculture is not only the major sector of the country but a powerful one as well. Its importance cannot be denied as it accounts to the high GDP.
Provides livelihood to the people – In order to satisfy the wants of the country, agriculture needs to very powerful. In India about 70% of the total population depends on the agriculture and is one of the sources of livelihood for the people especially in the rural areas. This ratio is quite high to say that the non-development is one of the biggest reasons as for why such a huge sector is involved in agriculture. Most of them are farmers and have no option than to do farming and contribute towards the country’s requirements of food.
Contributes towards the national income – As already stated above that agriculture is definitely one of the biggest sectors accounting to the high GDP and many countries depend on it. This includes India as well where agriculture is the prime source of income for several families. Thus you can say that agriculture accounts for the national income and is an important sector to ponder over.
Helps in economic development – It helps in improving the economic conditions of the country thereby affecting the economic growth by leaps and bounds. It is very clear that agriculture has a big impact on living standard of the people which in turn affects the overall development and progress of the nation. So when it comes to the economic development, many countries rely on it.
Offers food security – The people of the country require food in order to fulfill their requirements and if the agriculture is good, it easily helps to satisfy their wants rather than taking it from other countries. The surplus stock can then be traded thereby getting more profits. So a sense of security can be developed as the country can be rest assured that they can accomplish the needs of the citizens.
Serve as a source of food for its citizens – The agriculture provides food items to the country which helps to prevent buying the same from countries. This reduces the problem to a large extent and proves beneficial in the growth of the nation too. It is better if the country does farming in most of the staple food products.
Importance to international trade – There are many products which are outsourced to other countries thereby getting a higher price. This enforces international trade which is highly useful to the country. This can be possible if there is a surplus supply of the agriculture food items which are of great importance in the international market. Foreign exchange is yet another concept which comes into play here and has a huge effect on the overall growth of the country.
Reduce capital shortage – This is one sector which requires the least amount of money for its development and that is why it puts an end to the problem of capital shortage. There are many countries which face this situation and that is why a huge amount of money on wasted on the development of different sectors and do not account much to the GDP. But with agriculture, you can invest a small amount and reap fruits of benefits.
So it is very clear that agriculture is of great importance not only to the people but in the country as a whole. Steps and measures should be taken to improve agriculture ways thus making it a powerful sector to trade for.