Agriculture and industry are the two most important sectors of Indian economy. Agriculture has been a major contributor to the GDP in India. Though its percentage share has been decreasing over the years its absolute contribution has been on the rise. It is also the largest employment providing sector and provides food surplus for the expanding population. It is a source of raw material to many industries. Its role in capital formation within the country and foreign exchange earning from outside the country cannot be ignored. The overall importance of agriculture in the country makes it necessary to improve the feudal relations, state of agricultural indebtedness, labour wage dualism in agriculture and industry, old farming techniques, fluctuations and instability in crop output and a consolidated overall agricultural policy for the whole country. As regards industrial sector, it received special importance during the plan period. Different plans laid importance to various types of industries and the plan targets and objectives for industrial development also differed. In spite of all this industrial growth, there have been problems in this sector like gaps between targets and achievements, under capacity utilization, poor performance of public sector, regional imbalance, industrial sickness, labour problems etc. which need to be probed and sorted out. This book is about the different faces and phases of agriculture and industry in India and it is hoped that it will be helpful to all those who are in any way interested in the study of agriculture and industry.
ABOUT THE AUTHOR S. Murty
Dr. (Mrs.) S. Murty is presently Professor and Head of Economics Department in Vikram University, Ujjain. She has written 16 books on Indian Banking, Advanced Banking, Regionial Disparities inEconoics Development, Changing Indian Economic Order, Structural Transformation of Indian Economy, Money, Inflatiion and Economic Growth, India's International Trade and Rupee Exchange Rate, Financial Sector Reforms and Economic Growth, Economic Reforms and Growth, Economic Growth and Environment, Market Economy and Growth, Multinational Corporation in India, Issues in Indian Economy, Policy Decisiioins for the New World Order. Some Important Issues inIndian Economy, Employment of Women and Child Labour in India. She has published one hundred and fifty papers in various journals, attended several seminars and conferences. Twenty-four research scholars have been awarded Ph.D. under her guidance. Dr. Murty visited the United Kingdom under Young Scientist Exchange Scheme between India and the U.K. She has worked as Academic visitor in London Schools of Economics and Political Science, where she was accorded the status of Academic staff. She has been in Oxford, Cambridge, Lancaster, Leicester and Wales Universities. She has also visited the U.S.A., Italy and West Germany. Dr.Murty's name has been included inmany international directories and biographies. She has publsiehd a project on "Employment Generation by SBI," and is working on a UGC Project on "Status of SC Women". She has also directed a survey on "Child Survival and Safe Motherhood Programme" in Ujjain district sponsored by "World Health Organisation".
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