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Showing posts with the label Rural Market

Rural Market & Agriculture Sector

The agriculture sector in India isn't uniform. Due to commercialization of agri-products there is high productivity. It's called cash crop whereas some places suffer floods, poor cropping patterns due to lack of knowledge, bad soil conditions and weather dependency. Although 70% of India's population lives in over 6 lakh villages, gap in the literacy rate between urban and rural is almost 20%. Now recovery in rural is happening by setting the retail wholesale pricing by increase of the market demands and supply. The estimated GVA of agriculture in 2017-18 was 16.14 %.
Vision 2025 report, India's organic business has immense potential to reach the Rs. 75000 crore mark by 2025 from Rs. 27000 crore (2015).