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The
economy of Bangladesh is primarily dependent on agriculture. About 84
percent of the total population live in rural areas and are directly or
indirectly engaged in a wide range of agricultural activities. The
agriculture sector plays a very important role in the economy of the
country accounting for 31.6 percent of total GDP in 1997-98 at constant
(1984-85) prices. The agriculture sector comprises crops, forests,
fisheries and livestock. Of the agricultural GDP, the crop sub-sector
contributes 71 per cent, forest 10 per cent, fisheries 10 percent and
livestock 9 per cent. The sector generates 63.2% percent of total
national employment, of which crop sectors share is nearly 55 %.
Agricultural exports of primary products constituted 10.4% of total
exports of the country in 1997-98. In the past decade, the agriculture
sector contributed about three percent per annum to the annual economic
growth rate.
The
agriculture sector is the single largest contributor to income and
employment generation and a vital element in the country’s challenge to
achieve self-sufficiency in food production reduce rural poverty and
foster sustainable economic development. The Government has therefore
accorded highest priority to this sector to enable the country to meet
these challenges and to make this sector commercially profitable.
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