Which is the most labour absorbing of the indian economy? What trend has been recently noticed in terms of dependence of population on this sector and what is the reason for that?
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The most labour absorbing sector of Indian economy is the primary sector. In the recent years the dependence on the primary sector has gradually decreased and has shifted to the secondary and tertiary sector. This trend was observed because:
1. Decrease in land size. (due to right to land/ inheritance of land)
2. Agriculture is a seasonal activity.
3. No proper loan facilities are provided to farmers.
4. Less technology and infrastructure.
5. There is disguised unemployment.
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