Question

Prepare a project file on - sectors of the indian economy. division of sectors activities and the share of the different sectors in indian economy

Answer 1

One classical breakdown of economic activity distinguishes three sectors:[1]

Primary: involves the retrieval and production of raw materials, such as corn, coal, wood and iron. (A coal miner, farmer or fisherman would be workers in the primary sector.)Secondary: involves the transformation of raw or intermediate materials into goods e.g. manufacturing steel into cars, or textiles into clothing. (A builder and a dressmaker would be workers in the secondary sector.)Tertiary: involves the supplying of services to consumers and businesses, such as baby-sitting, cinema and banking. (A shopkeeper and an accountant would be workers in the tertiary sector.)

Answer 2

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The services sector accounts for 53.66% of total India's GVA of 137.51 lakh crore Indian rupees. The industrial sector contributes 29.02% with GVA of Rs. 39.90 lakh crore. While Primary Sector of the economy i.e. Agriculture and the allied sector contributes 17.32% and its GVA is around Rs.