2/3rd of the population is dependent on Agriculture while 70% of the total population lives in Rural areas.
Features of Indian Agriculture:
1. The country has a huge variety of crops comprising of cereals, non-cereals, pulses, oilseeds, cash crops like sugarcane, cotton, jute, potato etc.
2. Agriculture output depends largely on rainfall and other natural factors like floods, droughts, storms etc.
3. The historical, social and cultural background of a state affects agricultural output.
4. Over three-fourth of land holdings are of small size. Thus, agriculture is a source of livelihood for poor farmers.
5. Farming is a way of life rather than a commercial activity.
6. There is little use of machinery
Role of Agriculture:
1. High Share in National Income as compared to other countries
2. High Share in Employment
3. Basis for Industrial Development
4. Importance in Foreign Trade
5. Importance in Household Consumption
6. Significance for Trade and Services
For Part #1 of Agriculture on the eve of independence, click on the link - https://youtu.be/TCP5w8l2H8s
For Part #2 of Agriculture on the eve of independence, click on the link - https://youtu.be/pW_Zbc7W9PM
Link of Industrial Sector on the eve of independence- https://youtu.be/nhqJm1jYixY
Link of foreign trade on the eve of independence- https://youtu.be/dW6pt_87RLc
Link of Demographic Dividend on the eve of independence- https://youtu.be/V4xuCLcXiEY
Link of Infrastructure on the eve of independence- https://youtu.be/qrStg4eD3jk
Link of Economic System, Capitalism, Socialism and Mixed Economy- https://youtu.be/8XNtQr1SJfY
Link of playlist of Introductory Macroeconomics Course- https://youtube.com/playlist?list=PLXqvvBFSMgoTsBse8mgy6rgo3GROZJmJs
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