Question

"Tertiary sector is not playing any significant role in the development of Indian economy". Do you agree?
Give reason in support of your answer.

Answer 1

No I don't agree to your statement that "Tertiary sector is not playing any significant role in the development of India Economy”.Tertiary sector is the main sector of the Indian Economy.This is due to the following

reasons:-

1)Tertiary sector generate many services and job opportunities all round the world.

2)It also contributes largest towards the requirement of GDP (GROSS DOMESTIC PRODUCE).

3)The primary and secondary sector,both of them depends largely on Tertiary sector.

4)Tertiary sector do not produce goods but supports in the process of production.

5)As Tertiary sector do not produce goods but mostly services,it is also known as SERVICE SECTOR.

Answer 2

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No, I do not agree with this.

The reason are as follows:-

1. In terms of GDP, this sector emerged as the largest producing sector in India in 2013-14, surpassing the Primary and Secondary sectors.

2. In terms of employment also, the rate of growth of employment in Tertiary sector has been increased. It was 15% during 1972-73 and 27% in 2011-12. The IT sector is providing jobs to educated people.

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