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P.Ruth Rini Surajitha
ASST PROFESSOR, CENTURION UNIVERSITY
Abstract
Agriculture is the backbone of the Indian economy, but the industry currently needs more support than any other. India is a country of over a billion people in the population, out of which, over 70% of the population lives in the rural areas. With 40% of the country’s workforce, agriculture is a major industry and an influence of the Indian economy. Despite this, its contribution to the $2.3 trillion economy is just a meager 16% of the entire GDP and the growth of agriculture sector is about 3.33% only, whereas the growth of our economy is 7% approx. and agriculture contributes only 20% of total exports. The income of farmers is going down and nowadays the youngsters are not showing interest in agriculture for this. Agriculture is one sector responsible for feeding every individual, but the people involved in it are the last to be taken care of. After failing institutions, the time has indeed come for technology to take over the change. With newer problems cropping up every day in the most inevitable indigenous sectors, it is high time we resort to emerging technologies for solutions.
Keywords:
Journal Name :
EPRA International Journal of Economics, Business and Management Studies (EBMS)

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Published on : 2021-07-01

Vol : 8
Issue : 6
Month : June
Year : 2021
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