Advances in Consumer Research
Issue:6 : 878-883
Original Article
FDI in Indian Agriculture Sector: Trends of Investment and Sectoral Status
 ,
1
Research Scholar, IKGPTU, Kapurthala,
2
Director Principal, Doaba Business School, Ghataur, Kharar, Mohali,
Abstract

India is typically an agricultural country. Agriculture and allied areas helps in providing occupation to more than half of the total population. As far as the gross domestic product, the sector represents about 16% of India’s gross domestic product. In order to promote agricultural growth, reduce poverty, hunger and to enhance stability agronomical funds are necessary. Domestic savings are insufficient to meet the needs of agriculture for advancement and growth, consequently international investment is necessary to satisfy the capital requirements in agribusiness. Reforms undertaken by Government of India depicts that there is increase in FDI in agriculture sector. Foreign direct investment (FDI) in the agricultural sector is one of the key factors that motivate agricultural activities to achieve stability through investment from outside countries. Overseas investment in farming business also allows the producers to apply innovative methods for agriculture operations which increase the output as well as capability to produce.100 per cent FDI is permitted in agriculture and allied service under controlled conditions. The study aims to investigate the status, the pattern of FDI inflow into India, especially in the agricultural sector, and also to examine the FDI inflows in selected sub sectors of agriculture

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