Agriculture Products
The agriculture products are the major products of human activity and it is one of the main products of India that is totally dependent on the agriculture. Agriculture has been the basic need of the people for the survival. In this context, an agricultural product implies any of the crops, or plants, which is the result of the labor of human beings and is grown in the field for the consumption of people. On the other hand, an agricultural product is something produced by human activity and has been produced by farming, planting, or harvesting of a living thing.
Agriculture Products include all those items that can be produced by the human activity of planting, growing, and harvesting of living things. It includes all the products that are essential for the growth and prosperity of the farmers and their families. One such important agricultural product is tobacco. This article is all about the significance of tobacco in terms of Indian economy and its impact on the national economy.
The Government of India has taken all the possible steps to promote the agricultural production and consumption of agricultural products. As per the World Bank, the gross domestic product of India has increased by 35% in the past five years. The increase in the gross domestic product of the country is mainly due to the increase in the number of people getting employment as well as the growth in various sectors of the economy.
The per capita income of an individual is also increasing in the agriculture sector. The major advantage of agriculture products is that they are natural and thus do not pose any kind of health hazard. Also, the production of these crops is seasonal and dependent upon climatic conditions, soil fertility, rainfall, and pests and diseases. These crops help the farmers in controlling natural resources and thereby are used for the benefit of humans and the environment. The pesticides that are used in the agricultural sector have also contributed in ensuring that the people are healthier and live a healthy life.
However, the growth in the agricultural sector has not led to the increase in the prices of commodities. There are many people who earn a substantial amount of money by selling their products on the retail market. For instance, the vegetables and fruits sold on the retail markets are of excellent quality and yet are sold at extremely low prices. The main reason behind this phenomenon is that there are many people who buy these products and yet pay far less than the market price. The other important aspect of this economic development is that the market for agriculture products has remained open throughout because there are still many people who do not depend on this sector for their livelihood.
The future prospects of the agricultural production are quite bright. There are many factors that can be used to forecast the direction of the industry. The best way to predict the future condition of the agricultural production is to examine the previous year’s performance. This will give us an insight into the actual performance of the sector. Another important factor that can be used for predicting the direction of the market is to analyze the policies adopted by the Government of India in the agricultural sector. Some of the important indicators that can be used to evaluate the condition of the agricultural production include increases in the yields, reduction in the price level, and increase in the volume of exports.