“India happens to be a rich country inhabited by very poor people”- Manmohan Singh, Prime Minister
For the past few decades, India has been categorized as a developing country. In spite of significant landmarks and rapid advancements in various sectors, India has failed to become a developed country. While the nation has been making headlines for economic boom, multitudes of billionaires, construction of skyscrapers, million dollar investments and achievements in technology; the death rates, malnutrition, illiteracy and poverty is multiplying manifold. India is a country which has prosperity on one side of the coin and poverty on the other. It is the stark impact of poverty that hinders the growth of the country.
Gone are the days when India used to be a famine land and had to rely on the Americas for the supply of PL wheat. With the advent of the Green revolution, India, not only eliminated famine but also increased its food production and became self-sufficient in food grains. Operation Flood, initiated by National Dairy Development Board in 1970 introduced a National Milk Grid that was effective in reducing the poverty and famine levels. It has also made India the largest producer of milk and dairy products in the world.
Agriculture has been the base of India’s economic development with its existence dating back to the Indus Valley Civilization. Today, India is one of the major agricultural economies in the world, in terms of area of cultivation, total produce, bio- diversity, saturation in food grains and buffer stock. Statistically, in terms of the farm output, India is ranked second in the world. The important role that agriculture plays in India’s economy can be realized from the fact that it contributes to 16.6% of the country’s GDP in 2007 and provides jobs to 52% of the working population. India’s agriculturally strong in the world market being the largest producer of fresh fruits, second in the production of fresh vegetables