Posts by tag: economic diversification

Do you think Indian economy dependent on agriculture?

In my opinion, the Indian economy is significantly dependent on agriculture. As a major provider of livelihood for over 50% of the population, agriculture plays a crucial role in the country's growth and development. Furthermore, the agricultural sector contributes around 15% to India's GDP, showcasing its importance in the overall economy. However, I also believe that the Indian economy is gradually diversifying, with the rise of industries and services sectors. While agriculture remains a key aspect, it is essential for the nation to explore other avenues for a more sustainable and inclusive economic growth.