contributions of industry in national economy . explain
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The total contribution of industry to the GDP is 27% out of which 10% comes from mining, quarrying, electricity and gas. The growth of the manufacturing sector had been 7% in the last decade. Since 2003, the growth rate has been 9 to 10% per annum.
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๑˙❥˙๑✧*。Contribution of industries to a national economy by, a)Industries provide for the production and goods and provision of services. It has brought about substantial increase in GDP of any country. b)Industries generates employment for vast majority which help in improving living standard and poverty eradication.๑˙❥˙๑✧*。
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