TERMPAPER
PESTLE Analysis of Indian Agriculture
Submitted by:Sheikh TalhaRS1904 B2510906035Submitted to:Mr. Vishwas Chakra NarayanLOVELY PROFESSIONALUNIVERSITY
Acknowledgement
I take this opportunity to present my vote of thanks to all those guidepost who reallyacted as lightening pillars to enlighten our way throughout this project that has led tosuccessful and satisfactory completion of this study.We are really grateful to our COD Mr.Devdhar shetty for providing us with anopportunity to undertake this project in this university and providing us with all thefacilities. We are highly thankful to Mr.vishwas chakra Narayan for his active support,valuable time and advice, whole-hearted guidance, sincere cooperation and pains-taking involvement during the study and in completing the assignment of preparingthe said project within the time stipulated.Lastly, We are thankful to all those, particularly the various friends , who have beeninstrumental in creating proper, healthy and conductive environment and includingnew and fresh innovative ideas for us during the project, their help, it would havebeen extremely difficult for us to prepare the project in a time bound framework.
SHEIKH TALHA
INTRODUCTION
A
griculture’s share in Gross Domestic Product (GDP) has declined from over half at
Independence to less than one-fifth currently, agriculture remains the predominant
sector in terms of employment and livelihood with more than half of India’s workforce
engaged in it as the principal occupation. Agriculture still contributes significantly toexport earnings and is an important source of raw materials as well as of demand for
many industries. India’s agriculture sector has an impressive long
-term record oftaking the country out of serious food shortages despite rapid population increase.This was achieved through a favourable interplay of infrastructure, technology,extension, and policy support backed by strong political will. The main source oflong-run growth was technological augmentation of yields per unit of cropped area.This resulted in tripling of food grain yields, and foodgrain production increased from51 million tonnes in 1950
–
51 to 217 million tonnes in 2006
–
07. Production ofoilseeds, sugarcane, and cotton have also increased more than four-fold over theperiod, reaching 24 million tonnes and 355 million tonnes and 23 million bales,respectively, in 2006
–
07. 1.3 But, although GDP from agriculture has more thanquadrupled, from Rs 108374 crore in 1950
–
51 to Rs 485937 crore in 2006
–
07 (bothat 1999
–
2000 price), the increase per worker has been rather modest. GDP peragricultural worker is currently around Rs 2000 per month, which is only about 75%higher in real terms than in 1950 compared to a four-fold increase in overall real percapita GDP. While slower growth of GDP in agriculture than non-agriculture isexpected, the main failure has been the inability to reduce the dependence of theworkforce on agriculture significantly by creating enough non-farm opportunities toabsorb the labour surplus in rural areas and equipping those in agriculture to accesssuch opportunities. Half of those engaged in agriculture are still illiterate and just 5%have completed Higher Secondary education. Incomes and education are of courseleast among agricultural labourers. Even families operating farms now suffer frommuch smaller holdings (70% below 1 hectare in 2003 compared to 56% in 1982),and farming members in such families are twice as likely to be illiterate as non-farming members. Ensuring food security and farmer welfare thus require support
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