Agriculture Growth and Performance
K. P. Mani
The significance of agriculture and allied activities in the economic development is well accepted and documented since times immemorial. Agriculture can be a source of growth for the national economy, a prime provider of investment opportunities for the private sector and a driver of agriculture-related industries and the rural non-farm economy. Two-thirds of the world’s agricultural value added is formed in the developing countries. In the agriculture-based countries, it generates on an average 29 per cent of the Gross Domestic Product (GDP) and employs 65 per cent of the labour force. Agriculture is a source of livelihood for an estimated 86 per cent of the world’s rural population. ...