Descirbe the unemployment scenario in 3 sectors of economy in india.
Answers
Explanation:
Primary Sector: Agriculture is the most labour absorbing sector of the economy. ... Some of the surplus labour in agriculture has moved to either the secondary or the tertiary sector. Secondary Sector: Small-scale manufacturing is the most labour absorbing
ANSWER
THE ECONOMY OF INDIA IS CHARACTERIZED AS A DEVELOPING MARKET ECONOMY.IT IS THE WORLD FIFTH LARGEST ECONOMY BY NOMINAL GDP AND THE THIRD LARGEST BY PURCHASING POWER PARITY (PPP).ACCORDING TO THE IMF,ON PAPER CAPITA INCOME BASIS,INDIA RANKED 142nd BY GDP (PPP) PER CAPITA IN 2018 POST 1991 ECONOMIC LIBERALISATION,FREE MARKET ORIENTED REFORM PROPELLED INDIA TO ACHIEVE 6% TO 7% ANNUAL AVERAGE GDP GROWTH. FROM 2014 TO 2019, INDIA ECONOMY WAS THE WORLD FASTEST GROWING MAJOR ECONOMY SURPRISING,CHINA.