wiz-icon
MyQuestionIcon
MyQuestionIcon
4
You visited us 4 times! Enjoying our articles? Unlock Full Access!
Question

Agro-based industries are those that


A

provides inputs to farmers

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

use agricultural products as raw materials

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C

produce goods consumed in the villages

No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

carrry on industrial activity in rural areas

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B

use agricultural products as raw materials


Agro-based industries are those that use agricultural products as raw materials.

Definition

Famine Enquiry Commission (India), 1994 defined an agro-based industry as the industries that are involved in supplying the farm with agricultural inputs besides handling the product of the farm, maybe termed as agro-based industries. Agro-based industries comprises of processing, preservation, and preparation of agricultural produce for the intermediate and final consumption. The government has undertaken the implementation of various schemes and policies to promote the Agro-based industries across the country to help the farmers in raising their income.

Benefits of Agro-based Industries

  • Provides competitive advantage both within and outside the country
  • Absorption of the surplus rural labour and address the problem of large-scale unemployment in rural areas
  • This industry is labour-intensive, hence turning it into a major export industry will create vast employment opportunities
  • Employment opportunities in rural areas increases where the industries are located (to be near the source of raw materials, especially perishable agricultural produce)
  • Provides profitable diversification in the rural areas which ensures an all-round industrial growth in the rural areas
  • It has the propensity to stabilize and make agriculture a lucrative option to take up
  • They have a high potential as foreign exchange-earners too

flag
Suggest Corrections
thumbs-up
3
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
New Trends in Tourism
GEOGRAPHY
Watch in App
Join BYJU'S Learning Program
CrossIcon