The Agricultural sector has a great contribution to India’s gross domestic product (GDP) which is almost 18% & considered an important sector of the Indian economy which provides employment to half of the country’s workforce. For Developing countries, it is the main source of national income. In the 21st century, agriculture is not only restricted to farming it is above and beyond that which includes –
- Fruit cultivation,
- Arbitrary, etc.
The agriculture sector is the backbone of the economy and the main source of livelihood of many people in the village area where the larger population stays.
Agriculture in Import-Export:-
Major items of the country’s exports are sugar, rice, tea, spices, coffee, tobacco, etc which rely on agriculture export. To increase the exports of agricultural goods from the country government launched various schemes and to make the Agricultural goods competitive in the global market. In India employment generation is achieved through the agricultural sale means the main source of employment. It supplies the raw materials to the industries. The government give the export benefits under MEIS Scheme.
It has made the provision of food for the increasing population:-
Due to the increase in the population rapidly India has increased the rate of food production at a fast rate. It is also the source of food in the developed countries.
The government introduced several schemes including the following –
- Deen Dayal Upadhyaya gram Jyoti Yojana (DDUGJY) :-
- It is launched by the Government of India to provide the continuous power supply to the rural areas, The government plans to invest Rs 756 billion for electrification under the rural area.
- Under the Digital India Schemes government empowers the farmers.
- Vocational education is given to farmers seminars are organized under the Skill India initiative.
- Insurance on crops given under the Pradhan Mantri Fasal Bima Yojana (PMFBY),
- Soil checked and modified as per the crop production under the soil health card scheme.
- Rashtriya Krishi Vikas Yojana, many schemes for storage, loans, and credit to the farmers at low rates.
- Government incentive schemes such as TMA (Transport and Marketing Assistance) provides the export benefits and to make the agriculture goods competitive in the global market.
The government launched RoDTEP Scheme for the exporters to reimburse all the duties and the taxes on the export products which may come in effect from the 1st April 2021, Under Advance Authorisation Scheme raw materials can be imported at zero customs duty.