Tuesday, May 12, 2020

Contribution of Agriculture in the Economy of Bangladesh.

Abstract . This study is based on secondary data. This text is primarily focused on contribution of agriculture in the economy of Bangladesh. In the way of doing so, a short briefing about the economy of Bangladesh is given and demonstrated Bangladesh agriculture condition at a glance. The agriculture is shown as the share of GDP, proportion of labor force working in agricultural sector, budget allocation for agriculture, agriculture in net export-import and countered with some fancy questions those pop up in our heads sometimes. Through this note several charts, graphs and tables are presented. It will help to comprehend those data in an effortless way. Agriculture is most crucial crux in nearly all economy as well as economy of†¦show more content†¦BANGLADESH AGRICULTURE AT A GLANCE: Bangladesh Agriculture at a Glance Total family : 17,600,804 Total farm holding : 15,089,000 Total area : 14.845million hectare Forest : 2.599 million hectare Cultivable land : 8.44 million hectare Cultivable waste : 0.268 million hectare Current fellow : 0.469 million hectare Cropping intensity : 175.97% Single cropped area : 2.851 million hectare Double cropped area : 3.984 million hectare Triple cropped area : 0.974 million hectare Net cropped area : 7.809 million hectare Total cropped area : 13.742 million hectare Contribution of agriculture sector to GDP : 23.50% Contribution of crop sector to GDP : 13.44% Manpower in agriculture : 62% Total food crop demand : 23.029 million metric ton Total food crop production : 27.787 million metric ton Net production : 24.569 million metric ton Source: BBS, 2006 and Handbook Agricultural Statistics, MoA IMPORTANCE OF AGRICULTURE IN ECONOMICS: Civilization began with agriculture. When our nomadic ancestors began to settle and grow their own food, human society was forever changed. Not only did villages, towns and cities begin to flourish, but so did knowledge, the arts and the technological sciences. And for most of history, societys connection to the land was intimate. Human communities, no matter how sophisticated, could not ignore the importance of agriculture. To be far fromShow MoreRelatedEconomic Growth Comparison Bangladesh and India1593 Words   |  7 PagesSources of Economic Growth, comparison between Bangladesh and India. Introduction: GDP (Gross Domestic Product) is indicator of a nation’s economic Growth- Measured by the market value of all officially recognized final goods and services produced within a country in a given period. 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