Compare yhe three sector of economy on the basis of employment sharing gdp
Answers
Answered by
25
What is the contribution of three sectors to the GDP of the Indian economy?
The Three Primary Sectors of Indian Economy are :
PRIMARY Sector ,includes Agriculture
SECONDARY Sector,includes Industrial Production
TERTIARY sector, includes Service Sectors
In current time ,
TERTIARY SECTOR i.e. service sector is biggest contributor in Gross Domestic Product having share greater than 60% .
SECONDARY Sector involving industrial manufacturing, production like steel , iron ,coal etc has a share of around 28% .
PRIMARY Sector consisting agriculture as contributor gives around 12% of BUT on a sad note from view point of growing economy it still employs around 50% people of country .
The rise in share of tertiary is seen as good sign in economy as it gives idea that country is moving from basic agricultural towards service output, after independance India's Agriculture sector grew around 70% but after 1991 new economic policies there is seen a constant drop in Primary and steady rise in Tertiary Sector .
hope it's helps you
mark as brainlieast
The Three Primary Sectors of Indian Economy are :
PRIMARY Sector ,includes Agriculture
SECONDARY Sector,includes Industrial Production
TERTIARY sector, includes Service Sectors
In current time ,
TERTIARY SECTOR i.e. service sector is biggest contributor in Gross Domestic Product having share greater than 60% .
SECONDARY Sector involving industrial manufacturing, production like steel , iron ,coal etc has a share of around 28% .
PRIMARY Sector consisting agriculture as contributor gives around 12% of BUT on a sad note from view point of growing economy it still employs around 50% people of country .
The rise in share of tertiary is seen as good sign in economy as it gives idea that country is moving from basic agricultural towards service output, after independance India's Agriculture sector grew around 70% but after 1991 new economic policies there is seen a constant drop in Primary and steady rise in Tertiary Sector .
hope it's helps you
mark as brainlieast
Similar questions