+1 vote
in Class 10 by kratos

‘Agriculture is the mainstay of the Indian economy.’ Explain the statement by giving three points.

1 Answer

+4 votes
by kratos
 
Best answer

Agriculture is the mainstay of the Indian economy because :

(a) Two thirds of the population is dependent on agriculture. It generates large scale employment.

(b) It provides food for teeming millions.

(c) It provides raw materials to many agro-based industries like cotton, rubber, sugar.

(d) Export of agricultural products like tea and spices earns valuable foreign exchange.

(e) It contributes 26% of ***** domestic product

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