Name the sector that is the largest employer in India. Why is itThis sector produces only a quart... Name the sector that is the largest employer in India. Why is it that this sector produces only a quarter of the National GDP.
Answers
Primary sector is the largest employer in India.
It employes about 64% of the Indian population.
This sector produces only a quarter of GDP becaduse in it, the first step of goods production takes place. It is the supplier of raw material to the secondary sector. And the value of the good increases on each subsequent step and primary sector provides the first step. So, it's share is quite less in GDP.
Answer:
Answer
i)For each of the sectors that we came across in this chapter, one should focus on employment and GDP because these determine the development of a country in terms of its economic growth.
ii) A focus on employment and GDP helps determine two important things- per capita income and productivity.
iii) Hence, in each of the three sectors, employment rate and status, as well as its contribution to the GDP, help us understand how that particular sector is functioning and what needs to be done for its further growth.
iv) Other issues which should be examined are as follows:
Poverty,
Health-care facilities,
Education,
Food production, and
Advancement of technology etc