Introduction

Ashok Gulati () and Shweta Saini
Additional contact information
Ashok Gulati: Indian Council for Research on International Economic Relations (ICRIER)

Chapter Chapter 1 in Revitalizing Indian Agriculture and Boosting Farmer Incomes, 2021, pp 3-8 from Springer

Abstract: Abstract Although agriculture accounts for about 16.5% of overall GDP in the country (2019–20), it remains central to the Indian economy as it still engages about 44% of the work force (in 2018–19; it was 47% in 2015–16) as per Labour Bureau, GOI. India is also going to be the most populous country in the world by 2027, according to population projections by the UN, and ensuring food security for this large mass of humanity is a daunting task, more so when it also has the largest number of poor and malnourished in the world (as per World Bank’s Development indicators). An average Indian household spends about 45% of its expenditure on food (this ratio stands at 60% for the poor in bottom expenditure group) (NSSO 2011). No wonder agriculture remains critical for India as it has implications not only for farmers in terms of their income, but also for consumers, especially with respect to ensuring food security to the poor and the malnourished.

Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:isbchp:978-981-15-9335-2_1

Ordering information: This item can be ordered from
http://www.springer.com/9789811593352

DOI: 10.1007/978-981-15-9335-2_1

Access Statistics for this chapter

More chapters in India Studies in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().