Challenges for Agricultural Regulated Market in Karnataka

Abstract

The agricultural sector has been one of the most important components of Indian economy. Agriculture continues to be a main stay of life for majority of the population; it contributes around 13.7 per cent of the GDP and employs 65 per cent of the workforce in the country. Food grains production in the country increased from 51 million tonnes to 247 million tonnes during 1950-51 to 2012-13.