Question

Agriculture is the backbone of Indian economy. How?

Answer 1

Agriculture is the considered as the main occupation of majority of people in India.

It has helped the India economy in the following ways:

• provides food and fodder.
  
• distribution of wealth.
  
• helps internal trade.
  
• source of Foreign Exchange.
  
• source of our national income.
  
• requires less capital.
  
• helps in the development of tertiary sector.
  
• accumulation of National Capital.
  
• provides raw materials for industries.