About 58 percent of India's population relies primarily on agriculture as a source of income, making India one of the key players in the global agricultural industry. India is the world's largest producer of milk, pulses and spices. It also has the largest herd of cattle, and the largest area planted with wheat, rice and cotton. It is the second-largest producer of wheat, rice, cotton, sugar, farmed fish, fruit, vegetables, tea and farmed vegetables.
About half of the population of India is employed in the agricultural industry, which in the world has the second-largest amount of agricultural land. The pandemic and the ensuing lockdowns caused some unrest and fear around the world.
Due to the resulting significant supply and demand side interruptions, firms dealt with a variety of problems throughout the year. While the output of significant industries decreased, the agriculture sector held up well and increased by 3.6 percent over the course of the year. Agriculture, a crucial sector of the Indian economy that accounts for 25 percent of the nation's GDP, offers rural populations a wide range of employment options, food security and therefore a sizeable domestic market for manufactured goods. Between April 2000 and June 2022, FDI inflow into the sector totalled USD 2,600.70 million, showcasing a significant rise in investments.
Government Initiatives
The government has taken several measures in order to access the agricultural market by making aggressive investments in infrastructure development including irrigation projects and rural highways. In order to support the industry, the government has also implemented a number of subsidies and tax breaks. In general, the Indian agricultural industry has the ability to significantly contribute to the nation's economic development. In the Union Budget 2022-23:
Denne historien er fra January 02, 2023-utgaven av Dalal Street Investment Journal.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra January 02, 2023-utgaven av Dalal Street Investment Journal.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.
U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool
Plan To Be Financially Independent
Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company
What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures
