A study on present indian agriculture: Status, Importance, and Role in Indian Economy

Agriculture continues to be the mainstay of the Indian economy. Agriculture is described as the backbone of Indian economy mainly because of the three reasons. One, agriculture constitutes large share of country's national income though the share has declined from 55 percent in early 1950s to about 14 percent in early 2019s. Two, more than 2/3rd of workforce of the country were employed in agricultural sector until 1971. Recent economic survey data for the year 2019 indicates that agriculture workers (cultivators and agricultural labourers) account for 50. percent of workforce of India.