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What is the contribution of agriculture in Gross Domestic Product in India?
Answer & Solution
Correct Answer:
Option
A
Gross domestic product (GDP) is the standard measure of the value added created by a country's production of goods and services over a given fiscal period. The share of agriculture in GDP is approximately 15%.
Agriculture and allied sectors like animal husbandry, forestry, and fishing accounted for 15.4% of the GDP with 41.49% of the workforce in 2020. India ranks first in the world with the highest net cropped area, followed by the US and China.
Agriculture and allied sectors like animal husbandry, forestry, and fishing accounted for 15.4% of the GDP with 41.49% of the workforce in 2020. India ranks first in the world with the highest net cropped area, followed by the US and China.
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