GENERAL KNOWLEDGE

Detailed explanation-1: -So, we can conclude that agriculture is not only an important component of the primary sector, but it also helps to sustain and develop both secondary as well as tertiary sectors. Thus, it is the backbone of the economy. Q. Agriculture is the backbone of Indian economy.

Detailed explanation-2: -(i) Agriculture is the mainstay of Indian economy because about 60% of our population depends directly or indirectly on agriculture. (ii) It provides raw materials to the industries. (iii) India earns foreign exchange by exporting agricultural products. (iv) It contributes about 29% to the Gross Domestic Product.

Detailed explanation-3: -Agriculture is the most significant source of income for the central and state governments. The government of the country has substantial revenue from rising land revenue. Also, the movement of agricultural goods helps generate revenue for the Indian railways, which helps the government in revenue generation.