Value Addition in Indian Agriculture: Indispensable Trajectory for Growth

Abstract

Agriculture employs 43.21 percent of India's workers and accounts for 14.6 percent of the country's GDP. The GVA of the primary sector fell progressively from 18.5 percent in 2011-12 to 17.2 percent in 2017-18. A decline in the average farm size of agricultural land has been observed. With various obstacles, including low productivity and poor output quality, India's food processing industry has huge potential to strengthen the country's rural economy. To thrive and profit from the agriculture sector, value addition solutions for agricultural items are essential. The researcher tries to solve this issue and identify potential areas for value addition in cultivational methods, food grain processing, and fruits and vegetable processing.

Keywords:Value addition, Gross Value Added (GVA), Gross Capital Formation (GCF), Contract farming, Cooperative farming,

DOI: 10.7176/EJBM/14-4-06

Publication date: February 28^th 2022