ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -A majority of India’s population is directly dependent upon agriculture. Q. More than 50% of people in India depend on agriculture for their livelihood.

Detailed explanation-2: -Agriculture continues to be the prime pulse of the Indian economy and is at the core of the socio-economic development of the country. It accounts for around 19 per cent of the GDP and about two-thirds of the population is dependent on the sector.

Detailed explanation-3: -Solution: ⅔ rd of India’s population is engaged in agricultural activities. India is an important agricultural country. The country’s dependency on agribusiness is highlighted by the fact that 166 million (56.6 per cent) of the country’s 313 million basic labourers are employed in ‘Agrarian and partnered operations.

Detailed explanation-4: -Agriculture in India is dependent on the monsoon season because farmers are not well equipped with modern methods of manual irrigation. They are still dependent on monsoon rains for irrigating their crops. The Indian economy gains due to good monsoon rains in the country resulting in a good yield of crops.

Detailed explanation-5: -Answer. The Indian Economy is called an agro-economy because the agriculture sector is one of the major contributors to the country’s total GDP. Also, the sector provides jobs to more than half of the country’s population.