Question

What is the contribution of the third sector to the indian economy.?

Answer 1

Currently this sector is the backbone of the Indian economy and contributing around 53 .66% of the Indian GDP. According to 2016-17 economic survey the contribution of three sectors are: Agriculture sector: 17.32% Industry sector: 29.02%

Answer 2

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The services sector accounts for 53.66% of total India's GVA of Rs. 137.51 lakh crore. The industrial sector is at the second spot and contributing around 31% of the Indian GDP. The agriculture sector is at the third spot and contributing around 16% of the Indian GDP.