Availability of Agricultural Credit and Agricultural Development

Introduction Agriculture is the organized way of cultivating both nutriment cops and cash crops. It is through the maturation of agriculture the human beings started organized way of living. The development of agriculture led to the development of civil life of man. The agricultural sector is crucial in all the aspect of human life because it provides food materials and raw materials to industries. So the development of agriculture stands as the back bone to the development of a country and the development of standard of living of the spate in the country. Thus all the countries should give prior immensity to the development of agriculture. Role of agriculture in development Agriculture has an important role to play in the economic development of an rural economy like that of India. Supply of labor Agriculture also contributes to the development through the supply of labor. An agriculture economy by interpretation provides work to almost the entire labor force of the economy. blown-up exports Agriculture can also contribute to the foreign bills earning of the economy. Contributions to swell formation Agriculture can also contribute to a growing countrys needs for large superior recourses.

This is all the more important because with the existing modern capital sector being small, there is little that can incur from this sector by way of surpluses or profits for investments. change magnitude output to stimulate industrial expansion Large incomes of the rural pack resulting from agricultural expansion can stimulate industrial growth. Indian agriculture; importance India is considered as an agrarian economy. More than 70% of the the great unwashed are engaged in agricultural activities for their living. Agriculture plays a crucial role in the development of the Indian economy. It accounts for almost 19 per cent of GDP and about two thirds of the universe is dependent on the sector. The development of the Indian economy depends upon the... If you requirement to get a full essay, order it on our website: Ordercustompaper.com

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