The percentage share of agricultural sector in the exports of the country declined in the period 1950-1990. Why?
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The share of agricultural sector has fallen because of the reasons enumerated below:
- During this period, there was substantial growth in Indian industrial sector. With growth in industrial sector, the domestic demand of agricultural products increased as they were being used as raw material in the factories.
- During this period, there was a tremendous population grew, the domestic demand for agricultural products also grew.
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