Importance of Golden Revolution in Economics
- Healthy Life Human
- Jun 15, 2022
- 4 min read
Golden Revolution in economics period started between the years of 1993 to 2003. During this period Indian government planned an investment budget for the horticulture segment.
Further, we discussed many topics that will clear about India's Economics. So Let's Get Started.
Golden revolution subject theory comes in many exams, which is an important topic. Golden Revolution has become the most important study, although it has been asked in many UPSC exams and GK. Healthy Life Human will deliver a great knowledge of Revolution in India Economics.
What do you mean by Golden Revolution in economics?
This golden Revolution has marked a higher productive and profitable period for India. Revolution in India refers to the agricultural sector, which produces more revenue.
However, India is one of the leading countries exporting grains and fruits.
The economic circumstances of engaged farmers in horticulture lifestyles increased. They were enhancing the standard of living for numerous underprivileged classes.
Many new technologies have been used in this period, resulting in increased production of grains and horticulture products such as flowers, fruits, spices and crops.
How do revolutions work?
Revolution is a dramatic shift in ideas and practices, frequently brought on by advancement. It is the practice of utilizing novel approaches and strategies to boost yield. India's uprisings heralded a brand-new age in several socio-economic sectors, including agriculture, petroleum, etc. Most of the time, these revolutions only affected one specific industry. As a result, that one field experienced a massive increase thanks to the influx of numerous new chances and doors.
What is a golden revolution example?
Golden Revolution gave an upward boost to India's economics. According to the studies, India is now the world's second-largest producer of fruits and vegetables, right behind China, thanks to the horticultural mission's notable growth in overall output.
During India's growing period, the national Horticulture Mission started receiving funds from the government. Afterwards, planning took a long with funding and hope the golden Revolution has begun in horticulture. Utilizing the National Horticultural Mission, the States were required to develop effective and pertinent plans for the development of their horticulture industries.
Which of these products is associated with the golden Revolution?
The golden Revolution increased the horticulture cultivation, mainly the fruits. The period was started from 1993 to 2003 years. According to the survey, mango has become a huge fruit produced in India. Honey Production is one of the part golden revolutions.
Who is the father of Golden Revolutions?
Nirpakh Tutej is known as the father of the Golden Revolution. It is a component of India's significant agricultural revolutions. Honey production and horticulture are connected to the Golden Revolution.
The output of fruits, honey, vegetables, and other horticulture goods significantly increased during this time. Horticulture has emerged as a viable source of sustainable income thanks to the high profitability of the capital investment.
Advantages of Golden Revolution in India
The growth of the horticultural industry in India received little attention before 1990. At that time, the Green Revolution—advancement in the cultivation of food grains—received the majority of attention. The government began paying more attention to horticulture after 1990, so the period came to be known as the Golden Revolution.
Mentioning some of the Benefits:
Whole Agricultural practices changed. Farmers started emphasizing techniques for crops with higher returns.
Procedures of Famers have been changed
Gaining profits from crop harvesting agricultural sector increased and significantly expanded.
Mentioned the types of Revolution
Green Revolution started in the year of 1965 for Agriculture Development
Yellow Revolution began in the year 1986 to 1987 to increase oilseed production.
White Revolution started in the year of 1970 for Dairy Production Development.
Blue Revolution started in the year of 1985 to 1990 for Fishing Production.
Pink Revolution began in the year of 1996 for Prawn production
Brown Revolution started from 1986 to 1987 to increase spices production and export.
Red Revolution began in 1980 for meat/tomato production.
Golden Revolution started in 1993 to 2003 for fruit production.
Grey Revolution began in 1960 to 1970 for Increasing Fertilizers.
Silver Revolution started from 1969 to 1978 for the production of egg
Communication Revolution started in the early 19th century with the development of communication technology and communication services.
Black Revolution started in 2003 for Ethanol and Biodiesel.
Rainbow Revolution started in 2000 with stress on all Revolution.
Which industry boomed after Yellow Revolution?
The Revolution started in 1986 to 1987, which boomed the production of edible oil, mustard oil & seam seeds. However, the Yellow Revolution focuses on nine oilseeds—groundnut, mustard, soybean, safflower, sesame, sunflower, Niger, linseed, and castor.
India started the Oil Technological Mission in 1986 to certify the success of the Yellow Revolution. Moreover, India began working on high-quality fusion hybrid mustard and sesame seeds. At the time of Yellow Revolution led to a large rise in the production of edible oil. Afterwards made possible by the adoption of more advanced oil production technologies.
Conclusion
Horticulture has played an essential in the Golden period revolution in India. However, the agricultural sector gives a lot of support to India's economy. Golden Revolution in India started in 1991 to 2003, including the production focus on honey and horticulture.
Disclamation
Healthy Life Human is a blog-based website which delivers knowledge information to online audiences. We have tried to provide information on the golden Revolution in economics. Hence, we are not responsible for any losses and damages.
Healthy Life Human motive is to deliver informational content to an internet audience. Spreading knowledge facts to the audience will assist in educating the public.
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