The Scope of Entrepreneurship in Agriculture andAllied Sectors

Abstract

The agriculture and allied sector is considered to be the backbone of the Indian economy and despite concerted industrialization in the last five decades, agriculture occupies a place of pride. Agriculture provides employment to more than 50 per cent of the work force in India and even contributes a significant share of the national income in India. The present study attempts to investigate the scope of entrepreneurship in agriculture and allied sectors. The paper attempts to throw light on the positive developments in the sector. State-wise Area and Production of various horticulture crops and other indicators are undertaken for the purpose of the study. It also explores the policies and schemes envisaged by the government in order to attract more amount of agripreneurship for the sector. There exist innumerable business opportunities in the agriculture and allied sectors. Investors from all over the world are making more and more investments into this sector for unleashing its existing potentialities as well as for exploring the untapped areas.