question_answer

Agriculture is the mainstay of Indian economy. Explain the statement by giving three points.

Answer:

Agriculture is the mainstay of Indian economy because:

(i) Two thirds of the population is dependent on agriculture and generates large scale employment.

(ii) It provides food for teeming millions.

(iii) It provides raw materials to many agro-based industries like cotton, rubber, sugar.

(iv) Export of agricultural products earns valuable foreign exchange like tea, spices.

(v) It contributes to 26% of gross domestic product (GDP).

                        (Any three