aims and objective of primary sector and service sector to national income of india
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Economic Development:
The main objective of Indian planning is to achieve the goal of economic development economic development is necessary for under developed countries because they can solve the problems of general poverty, unemployment and backwardness through it.
Economic development is concerned with the increase in per capita income and causes behind this increase.
In order to calculate the economic development of a country, we should take into consideration not only increase in its total production capacity and consumption but also increase in its population. Economic development refers to the raising of the people from inhuman elements like poverty unemployment and ill heath etc.
The main objective of Indian planning is to achieve the goal of economic development economic development is necessary for under developed countries because they can solve the problems of general poverty, unemployment and backwardness through it.
Economic development is concerned with the increase in per capita income and causes behind this increase.
In order to calculate the economic development of a country, we should take into consideration not only increase in its total production capacity and consumption but also increase in its population. Economic development refers to the raising of the people from inhuman elements like poverty unemployment and ill heath etc.
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The aims and objective of primary sector and service sector in india
Explanation:
- The aims of the primary sector in national development include exporting natural resources, like forestry, fishery, agricultural, and mining deposits.
- The primary sectors thus play an important role in the extraction of raw materials as the nation's economy directly depends on it. Thus has the largest share of national income, and forms the base of other sectors.
- The service sector is the largest sector in India and accounts for 53.6% of the total share of the country. This sector contributes to about 31% of the country's GDP.
- Consists of activities like tour and tourism, hotel and hospitality along with real estate, finance, and insurance. Provides large scale income and employment options.
Learn more about the aims and objective of primary sector and service sector to national income of india.
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