The rural economy of India is a significant contributor to the overall economy of the country. It is primarily agrarian, with agriculture being the main occupation for a majority of the rural population. The rural economy is also supported by allied sectors such as animal husbandry, dairy farming, ...
The rural economy of India is a complex and diverse system that
encompasses a wide range of activities, including agriculture, livestock,
forestry, fisheries, handicrafts, and services. The rural economy plays a crucial
role in the overall development of the country, as it is the primary source of
livelihood for the majority of the population, especially in the hinterland.
Agriculture is the backbone of the rural economy in India, employing more
than half of the workforce and contributing around 16% of the country’s Gross
Domestic Product (GDP). Agriculture is primarily rain-fed, with irrigation
accounting for only one-third of the cultivated land. The major crops grown in
India include rice, wheat, maize, millets, pulses, oilseeds, sugarcane, cotton,
jute, and tea. Agriculture in India is characterized by small and fragmented
landholdings, with more than 85% of farmers owning less than two hectares of
land. This has led to low productivity, subsistence farming, and dependence
on rain-fed agriculture, making farmers vulnerable to weather fluctuations and
price shocks.
The livestock sector is also an integral part of the rural economy in India,
providing employment and income to millions of people. The livestock sector
includes cattle, buffaloes, goats, sheep, pigs, and poultry, among others.
Livestock provides not only milk, meat, and eggs but also manure and draught
power, which are essential for crop production. Livestock is primarily reared by
small and marginal farmers, who use it as a source of income and as a form
of social security in times of crisis.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller akash16. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $4.49. You're not tied to anything after your purchase.
