The declining share of agriculture in the Gross Domestic Product (GDP)

1.	The declining share of agriculture in the Gross Domestic Product (GDP) is a matter of seriousconcern in India." Support the statement
Answer» 1. If the produce in agriculture reduces, then it means that there is not much workfor the rural farmers. There is moreunemployment. 2. There are many industries that process crops/foods from agricultural sector. They will be out of business too. So economy goes down. 3. The stock exchange indicesalso go down. That leads also devaluation of currency. 4. People in the nation go hungry due to lack of sufficientproduce. 5. Grains and seeds need to be imported. Hence government and people have to spend money for import and pay extra too. 6. The businesses of banks may also suffer. 7.That also means self sufficiency suffers. This could to toppling of evengovernments.

The declining share of agriculture in the Gross Domestic Product (GDP) is a matter of seriousconcern in India." Support the statement

Answer»

1. If the produce in agriculture reduces, then it means that there is not much workfor the rural farmers. There is moreunemployment.

2. There are many industries that process crops/foods from agricultural sector. They will be out of business too. So economy goes down.

3. The stock exchange indicesalso go down. That leads also devaluation of currency.

4. People in the nation go hungry due to lack of sufficientproduce.

5. Grains and seeds need to be imported. Hence government and people have to spend money for import and pay extra too.

6. The businesses of banks may also suffer.

7.That also means self sufficiency suffers. This could to toppling of evengovernments.