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Question

State 2 main facts in support of the statement that indian agriculture has been transforming itself into commercial farming from subsistence one

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Solution

According to the Agricultural Economics Research Association of India, the structure of Indian agriculture is transforming from subsistence towards commercialization. The main evidences of the fact are as follows:

  • According to the analysis the turnover of the total food market is approximately Rs.250000 crores out of which value-added food products comprises of Rs.80000 crores. Such huge turnover is possible only in a commercial agricultural practice.
  • It contributes almost 18.5% to India's GDP, while it accounts for about 13% of the country's total exports. Export proves that now production is not just to fulfill the demands of the family rather surplus is being produced for exports as well.

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