Question

Which sector is called backbone of Indian Economy​

Answer 1

Answer:

MSME sector

Explanation:

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Answer 2

Answer:

MSME sector

There are 63.4 million MSMEs in India which contributes around 29% of India's GDP, 49 % of exports, MSME sector is considered as the backbone of Indian economy, as it provides employment to 111 million people, said Shri Reddy.

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