Tertiary sector is not playing any significant role in the development of Indian Economy”. Do you agree? Give reason in support of your answer.
Answers
Answered by
2
No I don't agree with the statement.
The reason are:
terms of GDP,the third tertiary sector has emerged as the largest producing sector in India surprising the other two sectors primary and secondary in the in the year 1971-72 the share of tertiary sector in GDP was about 35% which increased to 58% in 2011. over the past four years from 1972 to 2011while the production in all the three sectors increased tertiary sector has gained the most.
also the share of employment in tertiary sector between the same period was in nearly 27%
Answered by
12
No , we do not agree with the statement that Tertiary sector is not playing any significant role in the development of Indian Economy .
This is because :-
- The tertiary sector has become the most critical sector of our economy concerning both employment and GDP .
- This sector contributes around 60% off our GDP and more than 25% of our population is engaged in this sector .
- The tertiary sector will further grow because of the rise in income and demands of the people .
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