FINANCIALANALYSIS OF AGRICULTURE PRODUCE MARKET COMMITTEE OF BARAMATI IN PUNE DISTRICT

The basic objectives of all five year plans had been i] Growth ii] Modernization iii] Self Reliance and iv] Social Justice. “India is living in its villages” – was a famous quote by Mahatma Gandhi. Rural India is where; about 72% of the total population is living. Rural Development depends on Agriculture, which constitutes the core of Indian economy. The agricultural sector generates 28 % of the Gross Domestic Product (GDP) and 65 % of total employment. Such economic dominance of agriculture demonstrates the importance of agricultural development for economic growth and poverty alleviation. Although the relative contribution of agriculture to the overall economic growth decreases as an economy develops, agricultural development provides a crucial foundation for economic growth in both agricultural and non-agricultural sectors.