describe the employment scenario in the three sector of economy in India in recent years
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Around 60% of the people of the nation are employed in primary sector, mainly agriculture producing only 25% of GDP.The secondary sector share has increased in last 30 years to around 16%,The tertiary sector has seen a remarkable imrpovement in its employment in recent years.
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Agriculture is the most labour absorbing absorbing sector sector of the economy. In recent years, there has been a decline in the dependence of population on agriculture partly because of disguised unemployment. Some of the surplus labour in agriculture has moved to secondary or tertiary sectors. Small-scale manufacturing is the most labour absorbing sector in secondary sector. The tertiary sector has seen a remarkable improvement in its employment in recent years. In this sector, various new services are now appearing such as biotechnology, information technology and so on.
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