Issues, Challenges and Prospects of Indian Agriculture

Agriculture sector has an important place in Indian Economy even though it contributes only around 20% to GDP of the country and 50% to national income. India is still called an agrarian economy as it supports directly or indirectly about 42% of workforce of the country. India has had record agricultural production of 315.7 million tonnes although the productivity per acre of land is still a challenge. Indian farmers are looking to increase their income and in order to achieve the same are diversify their crops and looking for allied agriculture activities. Although the country is leader in production of various crops still the price volatility remains a concern. There are many concerns in agriculture like lack of power, irrigation, fragmented ownership etc., but what is more important is the solution for these problems which lies in the future and looks promising due to new technologies and innovations which are coming up in the field