India's Focus Going Forward: Agriculture Or Manufacturing And Services?

2866 words - 11 pages

Course : Economic Environment And PolicyProject ReportIndia's focus going forward:Agriculture or manufacturing and services?CONTENTS
S No.


Page No





Reasons agriculture should be the primary focus of Indian economy



Woes of agriculture



Agriculture is the solution








AGRICULTURE: FOCUS OF INDIA GOING FORWARDEvery grain of wheat I eat and waste is produced by a person toiling in the hot sun. He brings the life to the seeds which in turn are the cause of the survival of the millions. If that person commits suicide, is it justified? This convinced us that it is high time that ailments faced by agriculture are looked upon in depth as hundreds of millions of people depend on it.Letting aside the emotional aspect that revolves around farmers, this paper also intends to provide a rationale why it is beneficial for the government to invest in agriculture. The paper analyses the different reasons why Indian agriculture is going through a crisis today, what are the areas that need to be concentrated upon and how investment can bring changes to the people dependent on agriculture and in the process transforming the country into a prosperous one.IntroductionSince time immemorial India has been primarily an Agri-based society. Immediately after independence from British rule, India faced a severe crisis of food .Various measures were taken to increase the food production viz. using seeds with improved genetics, double cropping existing farmland, increase of farm lands, improving irrigation schemes etc. The result was green revolution which helped India reduce its dependence on food imports and helped in alleviating poverty and famine levels from their dangerous proportions in India during the era.Thirty years after the dawn of green revolution, Indian farmers realised that their love affair with intensive agriculture was on decline. Despite a bountiful monsoon (14 normal monsoons in a row, until 2004), harvests were not as plentiful as could have been expected. As intensive farming began to bare its fangs, mining the ground water, and destroying the soil fertility, sustainable livelihoods began to fall apart. At the same time, by the turn of the century, per capita food grain availability had dropped to an abysmal low of 152 Kg, nearly 23 kgs less than early nineties. The problem was further accentuated by the policies of government regarding the minimum support price. The unexplained number of huge number of farmer suicides is a testimony to the entire equation going wrong. (Refer Table 1 for per capita food availability)Reasons agriculture should be the primary focus of Indian economyAgriculture continues to be backbone of the Indian economy. About 60 percent of Indian population is still dependent on agriculture. Also, it still contributes significantly to national GDP (18.6%).Agriculture provides not only food and nutritional security to the country but also...

Find Another Essay On India's focus going forward: Agriculture or manufacturing and services?

ine symbolism. Discuss its use to develop character and/or theme in "Where are you going,Where have you been?" and "The Yellow Wallpaper."

899 words - 4 pages Bryan AguinagaEnglish 1302.139Essay 1September 13, 2014Symbolism: Representing IdeasWhen writing a story, there are many literary techniques available for a writer to employ in order to get his or her point across. These styles can include anything from metaphors, imagery, metonymy, and symbolism. While all can be effective, when used correctly, symbolism allows an author the opportunity to strengthen his or her work while progressively allowing

Is Commerce is either a science, wisdom or an art and the influence this is going to have on your life

1892 words - 8 pages empirical science if it were to be analyzed theoretically with the use of an economic perspective. Trade of goods and services is only actualized if there is a need for the product in the economy such as Ostentatious cars. This can be identified through the analysis of what is being purchased in the economy and at what rate. Factors that would persuade or dissuade commerce could be such as income, inflation, employment, product positioning, market

This is a response to the story "where are you going where have you been". It includes my personal opinion about the story, and why and weather or not I liked it

546 words - 3 pages talking to him. Let alone walk out to him after he had tormented her. Connie knew that at least this guy was going to rape her, so why wouldn't she put up a fight or try to protect herself a little. It would only make sense, it's human nature.Things with Arnold friend don't quite make sense either. Why would he keep trying to lure Connie out of the house? He said himself that he could easily tear through the screen door and get her, so why didn't

On the Roman Baths:Did the Romans only use the baths to get clean or were there political and social motivations behind the number of romans regularly going to the baths?"

3287 words - 13 pages INTRODUCTIONThe idea of public baths was originally Greek, and the Romans picked up on the idea around the second century B.C.The first palatial bath (Thermae) was built by Agrippa in the Campus Martius. Others were located near the pantheon in Rome, on the slopes of the Esquiline Hill, near the Colusseum, by Porta Capena and on the Quirinai Hill. These Thermae were not merely baths. Some contained art galleries and halls to hire or use freely

Doing Business between India and US

3888 words - 16 pages , manufacturing, handicrafts, and a huge amount of services. Although around two-thirds of the Indian workforce is in agriculture, services are a growing sector that plays an important role of India's economy.The beginning of the digital age, and the large number of young and educated people fluent in English, is progressively transforming India as an important "back office" destination for global outsourcing of customer services and technical

Comparison of China and India

3711 words - 15 pages selected pilot districts before the policy was applied nationwide and the next measure introduced. This gradual approach to reforms, beginning with the strengthening of market institutions and incentives and moving toward the opening up of markets, appears to lead to more substantial rates of growth and poverty reduction.India's quite different experience also supports this assertion. India's reforms in the agriculture sector began with agricultural

The Sale of Indian Textiles in Canada

6091 words - 24 pages India's GDP growth rate is between 6 and 7%. The GDP in $US is 466.1 billion. The GDP per capita is approximately US$1800. Agriculture represents 25% of the GDP composition by sector. Industry, which includes textiles, the product we are importing, and services represent 30% and 45% respectively. In 1995, India had the world's 16th largest economy and rose to the 11th place in 1999. India's purchasing power parity is at approximately $1.805

Economy India

6087 words - 24 pages slowly beginning to reform. Therefore, I conclude, the most suitable theory to apply to India's current economy is the theory of Structural - Change Model.According to Todaro (2000), the structural - change model focuses on the mechanism by which underdeveloped economies transform their domestic economic structures from a heavy emphasis on traditional subsistence agriculture to a modern, more urbanized, and more industrially diverse manufacturing and

ikea in india

2353 words - 9 pages Foreign Direct Investment has been increasing significantly since the past 5 years. Read more about Foreign Direct Investment in India and where they come from or about Foreign Direct Investment in Indian Retail.4. India is turning into an industrialised economyAlmost 30% of India's GDP comes from the industry sectorIndia is moving from being an agriculture based economy to an industrialised and service focused economy similar to US, Europe and other

Jack Immelt on India

3149 words - 13 pages contexts, questions remain as to whether the general processcan be turned around or limited. The economic reform efforts of theearly 1990s were insufficient to stem that process. Launching a newwave of economic reforms will be crucial to reduce poverty, promotegrowth and thus prevent further political and social deterioration.The root cause of India's devolution is a fundamental lack of strong,progressive and centralised political leadership. After

Strategic Management Airtel

9517 words - 38 pages is looking for overseas market like Nigeria and Seychelles.INTRODUCTIONAirtel is the one of India's leading providers of telecommunication services with a nationwide presence in all the 23 licensed jurisdictions (also known as Telecom Circles). We served an aggregate of 88,270,194 customers as of December 31, 2008; of who 85,650,733 subscribe to our GSM services and 2,619,461 use our Telemedia Services either for voice and/or broadband access

Similar Essays

Going Beyond Glitter And Party Animals: Greek Life In Focus

2625 words - 11 pages great levels of partying going on in frats and sororities. Usually, people who join are, after all, at the age where they have just left their parents’ home and start acting stupid thinking that is a way to be free and grow up. That happens in any case, though, if one does not take personal responsibility for themselves. Though a psychological lens, we will be able to use theories and concepts such as modeling (learning theory), foot-in-the-door

The Extent To The Economic Characteristics Of ''local Ferry Services In Hong Kong's Outlying Island'' And Correspond To The Principles Of Market Structures As Put Forward By Economists

4854 words - 19 pages licensed passengers ferry services to outlying islands and the Victoria Harbor. In addition, ''Star ferry'' is a franchisees granted by the Executive Council and which mainly focus on the routes across the Victoria Harbor. In the following sectors, there are further discuss the market characteristics on the ''Local ferry services in Hong Kong's outlying island '' and correspond to the principles of market structures.Market structure

Trade Protection In Agriculture By European Union And The United States Results In Gains For Some And Loss For Others. Evaluate The Impact Of Us Farm Policy Or Eu Common Agriculture Policy On...

2328 words - 9 pages Question 2Trade protection in agriculture by European Union and the United States results in gains for some and loss for others. Evaluate the impact of US Farm Policy or EU Common Agriculture Policy on developing countries.The European Union (EU) is the agricultural leader among developed countries in international trade. It is well-known as a world's major food exporter. In 2010, for example, its agricultural exports, mainly processed foods

Discuss The Negative And Positive Aspects Of The Development Of Agriculture. Was It, Or Was It Not The Worst Mistake In The History Of The Human Race?

1710 words - 7 pages Discuss the negative and positive aspects of the development of agriculture. Was it, or was it not the worst mistake in the history of the human race?Agriculture is not just a way of growing food; it involves in whole spectrum of cultural changes and adaptations by early human communities. The demands and effects of practicing agriculture as a means of survival created a new kind of community life, with new opportunities and new problems for