Question

What is the contribution of industrial sector to national economy in India?

Answer 1

Explanation:

In India, the share of manufacturing sector has stagnated at 17 per cent of GDP – out of total of 27 per cent for the industry. This is much lower in comparison to some East Asian economics, where it is 25 to 35 per cent.

The desired growth rate over the next decade is 12 per cent per annum.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. 23.82 lakh crore at the current prices in the FY 2016-17.Jan 3, 2020

Answer 2

Answer:

contribution of industry sector national economy

it contributes 27% of gdp which comes from mining , quarring , electricity and gas.