"...In countries experiencing growth rates of 6 percent or more over long periods... industry and services have grown substantially faster than agriculture... In this context that the creation of good jobs in industry and services is critically important," he asserted in his first blog post published on newly launched website of NITI Aayog.

Panagariya said with the share of agriculture in the GDP at about 15 percent now, workforce engaged in this sector is significantly poorer than the other half employed in industry and services. "But in the longer run, the potential of agriculture to bring prosperity to a vast population remains limited," Panagariya added.

"...agricultural growth and the expansion of good jobs in industry and services can go hand-in-hand to bring rapid elimination of poverty and shared prosperity for all," Panagariya cited.

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