Agriculture plays a significant role in India's growing
economy. With around 54.6% of the total workforce
involved in agriculture and allied sector activities, the
sector is estimated to contribute 18.2% of the
country's gross value added (GVA) in the FY 2024-25.
Currently, the country recorded US$ 38.2 billion (for
the quarter ending September 2023) in total
agriculture exports, the sector also recorded US$ 50.2
billion export a 20% increase from US$ 41.3 billion in
2020-21. It is projected that the Indian agriculture
sector will grow by 3.5% in FY23 and estimated export
ofUS$55.1billionintheFY2024-25.
The agricultural sector in India has witnessed significant trends, including
increased production, higher investment, diversification, and the adoption of modern techniques..
Additionally, the development of agriculture in backward areas, aided by new technologies and strategies
like dryland farming and animal husbandry, has provided new avenues to famers for enhancing productivity
as well as their income