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Source: World Development Indicators: Contribution of natural resources to gross domestic product (2011, source is unavailable) Total natural resources rents (% of GDP) by country, 2013 Oil rents (% of GDP) by country, 2013
The economic contribution of agriculture to India's GDP is steadily declining with the country's broad-based economic growth. Still, agriculture is demographically the broadest economic sector and plays a significant role in the overall socio-economic fabric of India. The total agriculture commodities export was US$3.50 billion in March - June ...
Around 54% of GDP comes from Hyderabad metropolitan. Agriculture also form a backbone of Telangana's Economy. Two important rivers of India, the Godavari and Krishna, flow through the state, providing irrigation. Farmers in Telangana mainly depend on rain-fed water sources for irrigation. Rice is the major food crop.
However, agricultural output lags far behind its potential. [202] Agriculture's contribution to GDP has steadily declined from 1951 to 2023, shifting from 52% to 15% of India's GDP [203] [204] yet it is still the country's largest employment provider sector . [199]
The primary sector tends to make up a larger portion of the economy in developing countries than it does in developed countries. For example, in 2018, agriculture, forestry, and fishing comprised more than 15% of GDP in sub-Saharan Africa [4] but less than 1% of GDP in North America. [5]
Agriculture is the primary occupation of most of Karnataka's rural people. A total of 123,100 km 2 of land is cultivated in Karnataka, constituting 64.60% of the total geographical area of the state. [13] According to the 2001 census, farmers and agricultural labourers formed 56% of the workforce of Karnataka. [14]
It is largely service-based, with a significant share of agricultural and industrial sectors. The GDP of the state was ₹9,76,514 crores (US$120 billion) at the current market price (2024–25). [10] This state also has a small industrial sector. As of 2021, agriculture accounts for 24%, industry 15% and service 61% of the economy of the state ...
The state has also significantly contributed to the field of agricultural education in the country. Haryana's agriculture GDP contribution to the nation's agricultural GDP is 14.1% and HAU Hisar in Haryana is Asia's largest agricultural university. [17] Maharana Pratap Horticultural University was established in 2016. In 2017-18, out of total ...