Importance of Agriculture in Today’s World
Agriculture is the most used word at this time, approximately 70% of the world population related to this profession, directly or indirectly. In the common words, agriculture means growing different usable crops to meet global demand. Now, the agriculture of the day relates different professions such as forestry, dairy products, fruit cultivation, poultry, beekeeping, mushrooms, arbitrary, processing, marketing and distribution of crops and livestock products, etc., all are recognized as part of today’s agriculture. Therefore, agriculture could be called production, processing, promotion and distribution of agricultural products. The importance of agriculture is shown below
Source of Livelihood
Agriculture is the main source of income in the today world. Around 48% people directly related to this profession. The result of the non-development of non-agricultural activities to absorb the fast-growing population is this high percentage in agriculture. Furthermore, many people are not engaged in agriculture in developed countries.
Contribution in National Revenue
In many countries specially developing countries the main source of revenue is agricultural commodities. Anyhow developed countries depend lesser than above mentioned regions.
Agriculture profession give many employment opportunities like
- Labor force required
- Former income
- Fertilizer resources
- Pesticides Companies
- Seed Germinates
- Mechanical Support
- Irrigation Works
- Drainage Systems
- Government Officials etc.
Food and Fodder Availability
Agriculture is the basic source of food supply chain, any disturbance in this linkage could be resulted in big disaster. So agriculture not only count for human food requirements but it’s also provides fodder for animals. Except this it also responsible for industrial commodities.
Role in International Trade
Agricultural crops like sugar, tea, rice, spices, tobacco, coffee, etc. constitute the major items of exports of countries that rely on agriculture. If there is a smooth development practice of agriculture, imports are reduced while export increases considerably. This helps to reduce countries’ unfavorable balance of payments as well as saving foreign exchange. This amount may be well used to import other essential inputs, machinery, raw material, and other infrastructure that is helpful for the support of the country’s economic development.
Since agriculture employs many people, it contributes to economic development. As a result, the national income level, as well as people’s standard of living, is improved. The fast rate of development in the agriculture sector offers progressive outlook as well as increased motivation for development. Hence, it aids to create a good atmosphere for the overall economic development of a country. Therefore, economic development relies on the agricultural growth rate.
A stable agricultural sector ensures a nation of food security. The main requirement of any country is food security. Food security prevents malnourishment that has traditionally been believed to be one of the major problems faced by developing countries. Most countries rely on agricultural products as well as associated industries for their main source of income.