Why do you attach so much importance to agriculture in present Indian economy?
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Agriculture is the most important sector of Indian economy because:
- It accounts for about 58 percent of employment in the country (as per 2001 census).
- Moreover, this sector is a supplier of food, fodder for a population of over 120 crores and raw materials for agro-industries.
- Recently, the rural sector (including agriculture) is being seen as a potential source of domestic demand, showing its relevance in growth of secondary and tertiary sectors.
- Various studies indicate that the potential of rain fed areas has not been fully utilised. A targeted development of rain fed areas should be prioritised. India's 60-year quest for land reform remains incomplete.
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