Saturday, October 30, 2010

Lets accept the bitter facts : Agriculture in India

At the time of writing half of the national workforce is employed in the primary sector i.e agriculture , fisheries , animal husbandry etc. and contributes 17% to the gdp. Contrasting with the developed ones less than 2% of the total workforce produces more(China) or same national agricultural output as that of India (with India having the second largest labor force in the world , China has the largest). This clearly implies the inefficiency of the labor and methods of implementation in the sector.
Developed economies like the US , EU make widespread use of modern machinery and methods of farming. Policies and reforms are made time and again the ensure farmer safety and risk reductions. A successful industry accounts for awareness of its labor towards the job practices. Farmers in these countries avail beneficial information from IT sources. Apart from the improved methods tools like energy calculator , risk management , yield management empower the farmers and make them independent of the mercurial characteristic of season.

Our India : 2010

India. A republic of 28 states and 7 union territories , about 1.1b citizens , seventh largest in terms of land area , a multitude of religions , an ace in IT . India is the eleventh largest in terms of gross domestic product with an around 8% growth rate. Service sector contributes about 60% to the gdp and the industrial and agricultural about 20-20%. The services sector includes IT and software , BPO , ITO, education, financing , insurance , real estate and hospitality . This structural shift in the distribution of gdp takes India a bit into the 'developed' country trend , where the tertiary sector contributes more than half of the gdp and agricultural around 2%.