Economic Development: A Study of the Holistic Examination of Sustainable Agriculture's Substantial Impact on Developing Nations

Shallu Sehgal *

Department of Economics, University of Jammu, Jammu, India.

Insha Batool

Department of Economics, University of Jammu, Jammu, India.

*Author to whom correspondence should be addressed.


Abstract

The study explores the significant influence of sustainable agriculture on the socioeconomic structure of developing nations. It highlights how sustainable agriculture stimulates economic expansion by developing new avenues for income generation and entrepreneurship, in addition to boosting productivity and resource efficiency. By means of market integration, value chain development, and sustainable financing mechanisms, avenues are opened for small farmers to gain entry into profitable markets, thereby enhancing their economic position. The present study provides a sophisticated comprehension of how sustainable agriculture goes beyond the simple preservation of the environment and acts as a driver for comprehensive development. Through the mitigation of social inequalities and economic disparities, sustainable agriculture possesses the capacity to unleash the complete potential of developing nations, thereby establishing a pathway towards a prosperous and resilient future. It uses a comprehensive methodology, consulting databases like Google Scholar, FAO, The World Bank, ICRAF, Research Gate, and WRI, to explore literature on sustainable agriculture's economic impact in developing nations. The research aims to provide insights into how sustainable practices can foster economic prosperity and sustainable development. The findings of the study explain how sustainable agricultural practices in India improve rural livelihoods, conserve natural resources, enhance food security, reduce health risk, and promote long-term sustainability. By adopting organic farming and agroforestry, farmers can reduce dependency on chemical inputs, improve income, and contribute to poverty reduction.

Keywords: Sustainable agriculture, socio-economic structure, food security, economic implications, economic expansion


How to Cite

Sehgal, Shallu, and Insha Batool. 2024. “Economic Development: A Study of the Holistic Examination of Sustainable Agriculture’s Substantial Impact on Developing Nations”. South Asian Journal of Social Studies and Economics 21 (7):241-48. https://doi.org/10.9734/sajsse/2024/v21i7858.

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