Compare sectoral contributions to output with sectoral shares in employment. How does the comparison indicate the relative efficiencies of the different sectors (agriculture, industry and service.)
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Explanation:
Gross output in agriculture, industry and service are showing a slow growth. Auto Industry has pointed a low graph in the GDP growth.
Agriculture growth has also declined due to the flood in the monsoon 2019. Karnataka, Maharashtra and Assam has faced the highest rainfall with flood. Services are consistent with beginning of start-ups has helped in GDP growth.
Efficiency in all sectors are showing low GDP growth in Indian Economy.
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