contribution of industry to national economy? Class 10th chapter manufacturing industries
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CONTRIBUTION OF INDUSTRY TO NATIONAL ECONOMY
during the last 20 years the share of manufacturing sector had stayed at 17% of GDP. this is much lower than some East Asian economic where it is 25 to 35%. the desired growth rate over the next decade is 12% which has been around only 7% in the last decade.
to develop the sector of manufacturing industries government has set up the National Manufacturing Competitiveness Council and (NMCC).
hope it helps
thanks...
here is ur answer....
CONTRIBUTION OF INDUSTRY TO NATIONAL ECONOMY
during the last 20 years the share of manufacturing sector had stayed at 17% of GDP. this is much lower than some East Asian economic where it is 25 to 35%. the desired growth rate over the next decade is 12% which has been around only 7% in the last decade.
to develop the sector of manufacturing industries government has set up the National Manufacturing Competitiveness Council and (NMCC).
hope it helps
thanks...
Answered by
2
Answer:
DURING THE LAST 20 YEARS THE SHARE OF MANUFACTUREING SECTOR HADSTAYED AT 17% OF GPD.
THIS IS MUCH LOWER THAN SOME EAST ASIAN ECONOMY WHERE IT IS 25 to 35% .
THE DESIRABLE GROWTH RATE OVER THE NEXT DECADE IS 12% WHICH HAS BEEN AROUND ONLY 7% IN THE LAST DECADE.
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