ECONOMICS DEVELOPMENT OF INDIA

            BY RAJESH KUMAR 
               (agriculture engineering, NIT Trichy)           

          
              Development of Indian economics

For survive in the world person have to do job of any types like someone from agriculture someone from industrial someone from educational line few are doing manufacture and few are gives service. After that they all getting income and they are complete them needs. Same like that to survive a country, country needs also income.

The addition of all national income is divided by population of country is known as per person income.

  Per person income=National income ∕population of national

According to country income or per person  we can say that India, Pakistan, China, etc country are under progressing country and America, UK, Singapore, etc are progressed country on under progressing country government have to care basic needs like food, cloth, home, health, etc.

economics development of India

Before 1947 Indian economics was very much damaged. They made India for Row material market and they bought that in very low price and after manufacture it they sold it in very costly for this reason Indians are not get success in competition India got low economics on his legacy. India is actually a agriculture dependent country at the present time in India approximate 60% people dependent in agriculture. So first we understand agriculture.

Development of Agriculture

Agriculture is root of Indian economics and it is  play 26% role in Gross Domestic Production (GDP). Agriculture will provide row material for industry and production also. Under Agriculture there are so many activity are available like farmer works in filed, Animal husbandry, Fishery, etc.

Importance of Agriculture

As we know that our country’s maximum people are dependent on agriculture from that they are getting job, food and income. Industry are getting row material from that also. Through agriculture farmers are getting income and them lifestyle is increased.

Development of Industries

Actually on progressed countries have not only dependent in industries, they are able for sold it. For industries few things are very important.