Essay on indian economy a new approach in paragraph by paragraph
Answers
Answer:India is mainly an agricultural economy. Around 50% of India’s workforce is involved in agricultural activities that contribute majorly to its economy. Agriculture does not just mean growing and selling of crops but also involves poultry, fishing, cattle rearing and animal husbandry among other similar activities. People in India earn their livelihood by indulging in many of these activities. These activities are vital for our economy.
The industrial sector comes next. Many industries have surfaced in our country ever since the industrial revolution. The industrial sector has especially seen a boom in the last few decades. We have large scale industries such as iron and steel industry, chemical industry, sugar industry, cement industry and shipbuilding industry that contribute a great deal to the country’s economy. We also have small scale industries such as clothe industry, plastic products industry, jute and paper industry, food processing industry and toy industry. Our small scale industries also give a good boost to the economy.
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