DMPQ- Explain the Interrelationship between agriculture and industry

Industry is not the substitute of agriculture, rather they are complementary to one another. Both these sectors are so attached with each other that it is not possible to increase the growth of one sector sector without the improvement of the other sector. If agriculture is considered as the ‘heart’ of the country, then obviously industry must be consider as the ‘brain’.

Impact of Agriculture on Industry

  • It regularly supplies raw materials like sugarcane , jute cotton, oilseeds, tea, spices, wheat; paddy etc. to the consumer goods industries.
  • It supplies cereals, vegetables and other food items to the industrial labourer and fodders for the domestic animals in the dairy industries on a regular basis.
  • Farmer-households used to save their money in the bank and other financial institutions which ultimately is used by the industry owners in the form of investment.
  • Both for consumer and capital goods Industries agriculture sector gives a ready market for the finished products.

Impact of Industry on Agriculture

  • It regularly supplies scientific tools and equipment’s like tractors, harvesters, pump-sets chemical fertilizers etc. to agriculture increase the per hectare production.
  • To increase the market for finished agricultural goods some infrastructural development like roads, railway, storage etc. are very essential. In this connection industry plays a vital role.
  • Industries provide huge employment opportunities and therefore help to absorb all the surplus labour in our agriculture. This lea to more industrial development.
  • Agricultural sector itself is a huge market for the different finished products of Industries. Farmers buy several industrial products like bi-cycle, torch, radio etc. All these flourishment of industries.

 

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