Question

in india most of the workforce are employed in primary sector but least gdp is obtained from it discuss.

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Answer 1

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There are two ways to answer your question:-

As economy grows, there is a shift in labour force from Primary Sector to Secondary and Tertiary Sectors. As economy progresses, the people tend to work more in the secondary and service sectors of the economy. Workforce of primary sector gradually starts decreasing with the economic development. Hence, there is an increase in demand for goods and services produced by secondary and tertiary sectors. As a result, the share of secondary and tertiary sectors to the GDP increases and the share of primary sector to the GDP decreases.

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Indian Economy is classified into three major sectors;

1. Agriculture & Allied Sector: This sector includes forestry and fishing also. This sector is also known as the primary sector of the economy. At the time of Indian independence, this sector had the biggest share in the Gross Domestic Product of India. But year by year its contribution goes on declining and currently, it contributes only 17% of Indian GDP at current prices. It is worth to mention that the agriculture sector provides jobs to around 53% population of India.

2. Industry Sector: This sector includes 'Mining & quarrying', Manufacturing (Registered & Unregistered), Gas, Electricity, Construction, and Water supply. This is also known as the secondary sector of the economy. Currently, it is contributing around 29.6 % of the Indian GDP (at current prices) in 2018-19.

3. Services Sector: Services sector includes 'Financial, real estate & professional services, Public Administration, defence and other services, trade, hotels, transport, communication and services related to broadcasting. This sector is also known as the tertiary sector of the economy. Currently, this sector is the backbone of the Indian economy and contributing around 54.3% of the Indian GDP in 2018-19.

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Answer 2

Answer:

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The primary sector tends to make up a larger portion of the economy in developing countries than it does in developed countries. For example, in 2018, agriculture, forestry, and fishing comprised more than 15% of GDP in Sub-Saharan Africa but less than 1% of GDP in North America.

In developed countries the primary sector has become more technologically advanced, enabling for example the mechanization of farming, as compared with hand-picking and -planting in poorer countries. More developed economies may invest additional capital in primary means of production.

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