Question

"tertiary sector is not playing any significant role in the development of Indian economy ". do you agree ? give reasons in support of your answer .
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Answer 1

Answer:

No, I do not agree with the statement that tertiary sector is not playing any significant role in the development of Indian economy. The tertiary sector has contributed vastly to the Indian economy, especially in the last two decades. In the last decade, the field of information technology has grown, and consequently, the GDP share of the tertiary sector has grown from around 40% in 1973 to more than 50% in 2003.

Answer 2

Answer:

I do not agree with this statement because

1. Tertiary sector provides services to other sectors

2.Tertiary sector contributes 54.77% to GDP

3.Tertiary sector employs approximately 23% of the population

4.It promotes and supports agricultural sector on which most of our economy depends upon by providing facilities like transport, storage etc.  

5.GDP share of the tertiary sector has grown from around 40% in 1973 to more than 50% in 2003.