Shivraj Singh Chouhan Highlights Agriculture's And Farmers' Contributions To The Economy

Shivraj Singh Chouhan Highlights Agriculture's And Farmers' Contributions To The Economy

Advertisement
Business Today
  • Updated Sep 3, 2024 7:09 PM IST

 

Union Minister Shivraj Singh Chouhan highlights that agriculture contributes 18% to the country's GDP. This 18% is a direct contribution, but consider the indirect impact as well. When crops are good, farmers earn money and start buying products. If a farmer has money, he will purchase items like cars, refrigerators, washing machines, and other appliances. He might build a house, which requires construction materials such as cement and more. When he buys, the merchants' shops thrive. The farmer is both the largest producer and the largest consumer. More than 50% of the population depends on farming. When general stores do well, factories operate, startups succeed, and investments flow in. Listen in.

Advertisement