Opportunities for strengthening of agribusiness sectors in rural India

Yogesh, M. S. and Chandrashekar, H. M. (2014) Opportunities for strengthening of agribusiness sectors in rural India. International Journal of Management Research and Reviews, 4 (4). pp. 498-508. ISSN 2249-7196

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Abstract

India is an agrarian economy and agriculture continues to be the mainstay of the Indian economy, whose contribution to the national gross domestic product is about 25 and provides livelihood for nearly 65 of the population, 21 of the total export and raw material to several Industries. Agricultural sector has tremendous potential for expansion of employment opportunities and consequently mitigating the levels of rural poverty. These objectives can be achieved only if concerted efforts are made to realize the untapped potential of this sector. Low productivity in many crops, imbalance in the regional development, post harvest losses and inadequate processing facilities are some of the major weaknesses. There is a greater need for efficient linkages between the producers and the consumers for expanding employment opportunities and increasing the rural income through better marketing of agricultural products. Apart from this, India with a population of 1.21 billion according to 2011 census, and 50 per cent below the 25age, has a favourable demographic profile making it one of the largest consumption hubs. The study attempts to make an overview of the opportunities in agribusiness sectors and to suggest effective strengthening backward linkages and forward linkages. The data analyzed by adopting Compound Annual Growth Rate analysis

Item Type:	Article
Uncontrolled Keywords:	Agricultural Business and Efficiency and Financial Service and India and Infrastructure and Opportunities.
Subjects:	I Institute of Development Studies > IDS
Divisions:	Department of > Institute of Development Studies
Depositing User:	Users 19 not found.
Date Deposited:	11 Nov 2019 10:31
Last Modified:	11 Nov 2019 10:31
URI:	http://eprints.uni-mysore.ac.in/id/eprint/9948

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