Question

explain the economic importance of territory sector in the state of j&k​

Answer 1

Answer:

With a 56 per cent share, the service sector constitutes most of J&K’s economy. Other two major sectors constituting the state economy are industry at 27.8 per cent and agriculture at 16 per cent. The tourism sector plays an important role in the state’s economy. The sector has huge potential for employment generation, even for unskilled manpower.

Tourism also caters to the allied sectors like handicrafts, handlooms, and transport. Despite the state’s unique and rich culture and heritage assets, the tourism sector accounts for only around 6.98% of the state’s GDP. Tourism in J&K is not even among the top 10 domestic destinations in the country on the basis of the number of tourist arrivals.