Economy, asked by shantiranveerrowshyq, 1 year ago

the change in the size and pattern of contribution of primary sector to national income of india

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Answered by NETHUNITHU
8

In Indian economy, the primary sector is defined as the sector which includes activities involving the direct use of natural resources like agriculture, fishing, forestry, mining, and extraction of gases and oil.

 

The national income from the primary sector is measured as the Gross Domestic Product (GDP). The numbers of the primary sector economy are calculated using the constant prices and the current prices.


For constant prices, the share of the economy in the primary sector has gone down from 53.71% (1950-51) to 16.17% (2011-12).


For current prices, the share of the economy in the primary sector has gone down from 52.55% (1950-51) to 19.95% (2011-12).


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