India has the eleventh largest economy in the world in terms of nominal GDP and is the fourth largest when it comes to measuring the PPP or the purchasing power parity. The nation of India had been primarily dependent on its endowment of natural resources in immense scale and thus primary sector had always acted to be a catalyst ion the growth process of the Indian economy. India, being heavily dependent on the agricultural sector has given maximum stress in developing the agriculture and the production of agricultural commodities like food grains and others.
The Indian agriculture has experienced several twists and turns right form the British rule. During the British rule, the nation was forced and compelled to produce and export the agricultural products produced in the country to Britain at a very low price. The poor farmers were unnecessarily exploited and tortured for selling their products at low cost to the British. After the massacre that was caused for exploiting the indigo farmers, the country felt the necessity for being an independent one when it came to agricultural up gradation. After the achievement of independence in 1947, several plans were prepared for raising the productivity of the Indian agriculture and hence to attain self-sufficiency in the agricultural sector. The notion of self-sustained growth in a densely populated country like India could not be achieved by improving the secondary and the service sectors but to start with improving the primary sector.
After the wars of 1962 and 1965 with China and Pakistan respectively, drought followed and the country began to suffer from disruption in a steady growth in food grain production. The government took necessary step and began to import PL-480 food grains from America, shelling off half of the foreign exchange deposits.
The advent of the year of 1964 and 1965 saw the rise of a revolutionary change in the Indian agriculture, popularly known as the green revolution that was perhaps the key factor behind the recent developed phase of the agriculture in India. The green revolution had also contributed much in the development of the countries economy and hence stimulated the process of self-sustained growth for the Indian economy.
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