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Q.

[[1]] is the backbone of the Indian Economy.


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Detailed Solution

Agriculture has been the backbone of the Indian economy; even though its Gross Domestic Product (GDP) share has been dropping since 1951, the sector contributes over one-third of our GDP and helps us earn foreign cash for the country. Today, the situation is still the same, as almost the entire economy is supported by agriculture, which is the mainstay of villages. It contributes 16% of the total GDP and employs 52% of India's population. The rapid growth of agriculture is essential not only for self-sufficiency but also for generating valuable foreign exchange.
 
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