conclusion on sectors of Indian economy
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Conclusion. The impact of the two century long British regime had a huge negative impact on our Indian economy in all the sectors. The agricultural sector had low productivity and huge labour surplus. The industrialsector needed modernization and more diversification and public investment.
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Answer:
India's economy is categorized into three major sectors. This are:
Explanation:
- Agriculture and all its related forms sector- this is the primary sector of the economy which has got the biggest share of GDP. However its contribution keeps declining each year, currently it is at 17% GDP
- Industry sector which includes mining, manufacturing, construction and so forth.
- The service sector which accounts for more than half of the GDP. This is known as the back bone of the economy of India. This sector comprises of:
- Defense
- Public administration.
- trade
- hotels
- transport
- All non formal sectors and other related sectors.
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