Economic Analysis of Capital Formation in Agriculture A Case Study of Hadoti Region of Rajasthan

Abstract

Agriculture sector dominates the Indian economy by providing livelihood to majority of the population. In most of the developing countries including India, agricultural development is a precondition for economic development. The performance of the agriculture sector influences the growth of the Indian economy. The growth of agriculture and allied sectors is still a critical factor in the overall performance of the Indian economy. As per Indian Economic Survey 2015-16 which presented report on February 2016 in 2015-16, agriculture contributed 17.4 per cent to India s Gross Domestic Product (GDP), as compared to 18.3 per cent in 2013-14. newline