This report aims to reiterate the importance of the agriculture sector as a primary keystone of the Indian economy. It also aims to look at the challenges it faces and examine the flaws in current
Agriculture is the primary source of livelihood for about 58% of India's population i.e. more than half of this country with 1.3 Bn people. So, calling it a vital sector is probably understating the important role it plays in the Indian economy. As per Indian Brand Equity Foundation (IBEF)'s 2017 sectoral report, agriculture, along with fisheries and forestry, is one of the largest contributors to the Gross Domestic Product (GDP). The GDP of agriculture and allied sectors in India was recorded at $ 244.74 Bn in FY16.
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