A Data Science View on Effects of Agriculture & Industry Sector on the GDP of India
Y. Jeevan Nagendra Kumar1, Guntreddi Sai Kiran2, Partapu Preetham3, Chila Lohith4, Guntha Sai Roshik5, G. Vijendar Reddy6
1Dr. Y. J. Nagendra Kumar, Professor, Department of Information Technology, Gokaraju Rangaraju Institute of Engineering and Technology, JNTUH, Hyderabad, India.
2Guntreddi Sai Kiran, Department of Information Technology, Gokaraju Rangaraju Institute of Engineering and Technology, Hyderabad, India.
3Partapu Preetham, Department of Information Technology, Gokaraju Rangaraju Institute of Engineering and Technology, Hyderabad, India.
4Chila Lohith, Department of Information Technology, Gokaraju Rangaraju Institute of Engineering and Technology, Hyderabad, India.
5Guntha Sai Roshik, Department of Information Technology, Gokaraju Rangaraju Institute of Engineering and Technology, Hyderabad, India.
6G. Vijendar Reddy, Department of Information Technology, Gokaraju Rangaraju Institute of Engineering and Technology, Hyderabad, India.
Manuscript received on 11 April 2019 | Revised Manuscript received on 17 May 2019 | Manuscript published on 30 May 2019 | PP: 393-401 | Volume-8 Issue-1, May 2019 | Retrieval Number: A3390058119/19©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Gross Domestic Product is the measure of the market value of all finished goods and services produced annually (often). It is one of the important measures of growth in country’s economy. The agriculture and industry sectors have played a major role in Indian economic growth since its establishment as an independent country. For an industry sector to be successful the raw material should be available at a viable price range which is not the case if there is a decline in agriculture production, the major supplier of raw materials to industry. We’ll be analyzing the effect of changes in the industry and agriculture sector on the GDP of India with the help of data science and machine learning methodologies. We’ll also look at the trends of GDP and industry shares with changing agriculture contribution. The knowledge of data science is implemented to bring out the hidden patterns that provide insights about future enhancements. This work helps in determining the major changes in the agriculture and industry sector that hinder GDP growth.
Index Terms: Accuracy, Agriculture, Economy, Gross Domestic Product – GDP, Industry, Variance score.
Scope of the Article: Social Sciences