INTRODUCTION The world is at the start of a new agricultural era, in which boosting yields and reducing harvest losses will be essential to feeding the world’s growing populations. Emerging markets—and in particular the most advanced developing economies—are at the forefront of this movement. In recent years Brazil, Russia, India and China, among others, have had a major influence on changing global food production and consumption patterns. They have also been some of the world’s most successful food producers over the last two decades. As their influence on global food markets rises, it is worth investigating these countries’ success factors in the field of agricultural production.
Moreover rural areas became urban and industrialized following advances in agriculture, industry and shipping . British economy has been dominate by agriculture system for the centuries . At 18th century new farming systems was created that produced larger quantities for example food that can feed larger population. Great political and economic give many advantages to the British in 19th century. Despite the phenomenon of urban and industrial ,agriculture remain as the main source as supporting and supporter in industry.
Skill development ensures enhancement in labour force participation, quality of labour and productivity of labour leading to overall growth of economy. Thus, it can be considered as a key growth engine that drives economy forward. The growing demand for skills and entrepreneurship can be understood by various factors influencing employment of an economy and evaluate. Age structure of population, skill set of labour force and structure of economy constitute few of the many factors(Vision 2020, Gupta). Age Structure of Population: Andhra Pradesh has a Skillset of Labour
These factors determine the flows of FDI in the country for the economic benefits of the country. The higher return helps the employees to reinvest in the sector which actually act as the beneficial factors for the country’s economy. However, different authors think about the market size differently. Chakrabarti (2001) believes that for the effective usage of the resources requires the large markets in the country. The larger the markets, the better will be the utilization of resources and this ensures the economies of scale in the market.
5- Fuller source of remuneration The agricultural sector is a major source of foreign exchange. Income imports of capital goods. Pakistan's total forex is $ 17.1 out of which 3million is share of agriculture. Pakistan's main cash crops are cotton, rice, tobacco, etc. It is helpful to correct the balance of payments.
Specialization, intensification and industrialization of agricultural production system impacted environmental and socio-economic development. In most continents the food production has been able to surpass the population growth. Industrial developments have provided the means for motorisation and large-scale mechanisation, mineral fertilisation, treatment of pests and diseases (pesticides, veterinary drugs etc.) and the conservation and processing of vegetable and animal products in developed countries. Developments in biotechnology supplied through selection, high yielding plant varieties and animal breeds have been adapted to the new means of production.
Introduction Population growth is the key determinant in any given economy. With the level of the population a lot can be said regarding the development of a country. The factors have very strong relationships between themselves. The best-known hypothesis connecting population growth and development is Malthusian hypothesis (Malthus 1798). The popular dictum that the agricultural efficiency develops numerically, while population increases geometrically is well known to most social researchers.
Further, rural agro based industries can contribute to the per capita income at the national level. The impact of rural agro based industries can be at the micro level and macro level. Impact at micro level – The growth in the industrial and agricultural sectors in rural areas can give an impetus to the growth of the tertiary sector, viz. banking, transport, communication, hotel business etc. The development of tertiary sector in the rural areas in turn provide employment opportunities for rural the population.
So, cooperatives pool the resources of farmers and as a result they allow their member increase in bargaining power, face the various challenge of the price and increase their individual visibility and their capacity to negotiate prices and market their products. Members individually, would have greater difficulties running their enterprise. Cooperatives may play an important role in times of crisis because of their collective nature, which makes the economic unit and its individual members stronger and more flexible actors in the creation of solid enterprises. The role agriculture plays in the economic system of the country is undoubtedly tremendous. To be more specific, agriculture in Nepal provides livelihood to more than 70% of the total working population and contributes more than 33.5% of the GDP.