More than 58 per cent of the rural families are dependent on agriculture for their livelihood, he said at the inaugural session of a one-day Stakeholders' Consultative Workshop here.
Bhagat said agriculture, like irrigation facilities, storage and cold storage, has immense potential with increase in basic infrastructure.
Factors such as low transaction cost and time, better port gate management and better fiscal incentives will contribute to the development of the sector.
Addressing the workshop focusing on science, technology and research and development activities in the field of agriculture, Sandeep Verma, Principal Secretary, Department of Science and Technology, Rajasthan, said agriculture plays an important role in the economic development of the state.