Manufacturing Sector in India

Under National Agro-Food Policy, agriculture sector has been identified as a National Key Result Area. Under this initiative, the agriculture sector is targeted to increase the Gross National Income by RM28.9 Billion (USD9.1 billion) to reach RM49.1 billion (USD15.4 billion) by 2020. The agricultural sector is also targeted to create more than 109,000 job opportunities by 2020, primarily in the rural areas.

India’s economy is booming! With large decreases in poverty, increases in literacy and GDP, India is continuing to make its way out of the third world and into the first. India is predicted to surpass even China in growth by 2050. A competitive private capital market has instilled Indians with a low cost high quality mentality and has resulted in some of the highest return rates for any country. India has been averaging 6% growth compared to China’s 9.5% with half the investments. India capital efficiency is one of its strongest economic benefits.

Over the years agriculture has nearly diminished from the workforce. Why is this happening? In fact, ever since the Industrial Revolution’s promises of “big city success” agriculture has taken a hit. Agriculture has been a foundation for the infrastructure of the United States since it’s creation. Agricultural careers are a necessity for the nation. It is important through the history, from whom it affects, the effects on the environment and people, and to find a solution to the loss of this core element.

India’s economy is the fourth largest GDP in terms of purchasing power parity (Gupta and Gupta, 2008:68).

The agriculture industry is not only the largest industry within our state, but also within our nation. However, in recent years it has also been one of the most heavily criticized. This has led to a ‘brain drain’ in rural America as more people decide to leave our industry and their family farms.

South Asia is one of the most densely populated regions of the world, where despite a slow growth, agriculture remains the backbone of rural economy as it employs one half to over 90 percent of the labor force. Both extensive and intensive policy measures for agriculture

13). Thought this is the case, if there is a greater necessity for agricultural products they are obligated to return to work.

The agriculture field is one of the biggest employers, employing over 155 million people in the United States. What do you think about when you hear the word “agriculture?” Many people would say farming, but this is not the most common occupation in this field. Farmers make up a fraction of the agricultural jobs at 900,000, but over 2.1 million people own, rent, and claim farming as a primary source of income. The average farm size has dropped from 460 acres in 1990 to 418 acres in 2007, while the average age of this occupation rose to 57, making this one of the older workforces in the United States.

Now we produce mainly technicians, not scientists or technocrats and feel proud to export such raw materials to manpower-starved developed countries ( be it IT or BT, the two main pillars of Indian economy today). This might lead to some degree of prosperity in the short term but we are going to loose in a big way in the long run unless we totally overhaul our basic education system at primary and high school level. It’s useless to cut the roots and then water on the top.

|industry too. It has transformed India, created pride in being Indian and given the much needed respect to our passport globally. Including |

From April to June 2005, India’s GDP grew at 8.1 per cent, compared with 7.6 per cent in the same period the year before. More impressively, India is achieving this result with just half of China’s level of domestic investment in new factories and equipment, and only 10 per cent of China’s foreign direct investment…

Growth in the agricultural sector has been driven by increased production of major food crops such as maize, sorghum and cassava, but the sector’s performance remains below potential. In turn, the services and industrial sectors have shown strong growth. The nascent banking sector and expanding telecommunications sector are key drivers behind services growth, while construction, electricity generation, manufacturing and mining are salient sub-sectors in industrial activity. Looking ahead, the banking and telecommunication sectors will continue to support services growth, while increased electricity generation capacity will benefit the expansion of the manufacturing

The Textile industry in India has generated huge employment for both skilled and unskilled labor in textiles . It continues to be the second largest employment generating sector in India. It offers direct employment to over 35 million in the country. The share of textiles in total exports was 11.04% during April–July 2010, as per the Ministry of Textiles. Textile industry is one of the oldest industry of India.

created the largest job opportunity in India and not the manufacturing industries. Therefore, apart from

India is a republic dominion in South Asia. It has the second highest population in the world after China, which reached the 1 billion mark in June 2000. As per the latest Census of 2011, the total population of the country is 1.21 billion, which includes 623.12 million males and 587.4million females. India’s share of the world population is 17 percent. The literacy rate among the population for seven years and above for the country stands at 72.99 percent. The total workforce in the country is 397 million, going by the latest Round of National Sample Survey (NSS) of Employment and Unemployment. Nearly 92 percent or more out of this are occupied in the unorganized sector activities, counting informal sector, whereas in organized sector, almost 8% is employed. The ratio of workforce engaged in agriculture to that in non agriculture sector is 3:2 for the total employment. As far as the non-agriculture sector employment is concerned, 82% is the unorganized workforce and about 18 per cent is the organized segment. Out of the total workforce of the country, merely about 12 to 15 per cent of the total workforce in the country is estimated to be falling in the category of wage or salary employment. As per the Economic Survey, Government of India 2002-03, such employees comprise about 40 per cent of the workforce in the urban areas and 6 per cent of the workforce in the rural areas. As per the Government of India report of 2002, only 5% of the work force, aged from 20 to 24 has