which sector of Indian economy is most important and why?
Answers
Answer:
The economy of India is a developing mixed economy.[35] It is the world's seventh-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). The country ranks 139th in per capita GDP (nominal) and 119th in per capita GDP (PPP) as of 2018.[36][37] After the 1991 economic liberalisation, India achieved 6%-7% average GDP growth annually. Since 2014, India's economy has been the world's fastest growing major economy, surpassing China.
Answer:
Agriculture sector
Agriculture is the most important sector of Indian Economy. Indian agriculture sector accounts for 18 per cent of India's gross domestic product (GDP) and provides employment to 50% of the countries workforce. India is the world's largest producer of pulses, rice, wheat, spices and spice products.
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