GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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true
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false
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Either A or B
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None of the above
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Detailed explanation-1: -(i) Their income level is low. (ii) There is no job security. (iii) Agriculture is seasonal in nature and there is no fixed pay. (iv) No other benefits such as pension, medical facility, paid leave, Provident Fund, safe environment etc.
Detailed explanation-2: -The national statistics mostly states that approximately 93% of the working population are from the unorganized or informal sector; among which 60% is from agriculture industry alone.
Detailed explanation-3: -Agriculture is not an organised sector because you need to ask for loans that also from the informal sources that is the moneylenders, family or friend to buy all the necessary things like fertilizers, seeds etc.
Detailed explanation-4: -It is the second-largest producer of fruit, vegetables, tea, farmed fish, cotton, sugarcane, wheat, rice, cotton, and sugar. Agriculture sector in India holds the record for second-largest agricultural land in the world generating employment for about half of the country’s population.