difference between agriculture sector and service sector
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Differences between the agriculture sector and service sector are:
- Agriculture has always been the most significant sector of the Indian economy, whether India was independent or not.
- The enormous number of people who rely on it for a living demonstrates this.
- For rural livelihoods, employment generation, and national food security, this sector is crucial.
- Agriculture still supports over 70% of rural households in India, with 82 percent of farmers being small and marginal.
- With over 90% of unorganized labor, this is the least organized sector of the economy.
- India's services sector has drawn major foreign investment, increased exports, and created numerous jobs.
- According to the Ministry of Statistics and Planning Implementation's First Advance Estimates of Gross Value Added, the services sector's growth has slowed.
- Trade, hotels, transportation, communication, and broadcasting have all slowed, while financial, real estate, and professional services have all declined.
- "Public administration, defense, and other services," on the other hand, stepped up their efforts.
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