CBSE Notes, Lectures

CBSE - Economics - Sectors of the Indian Economy

Sectors of the Indian Economy

NCERT Exercise

A study in Ahmedabad found that out of 15,00,000 workers in the city, 11,00,000 worked in the unorganised sector. The total income of the city in this year (1997-1998) was Rs 60,000 million. Out of this Rs 32,000 million was generated in the organised sector. Present this data as a table. What kind of ways should be thought of for generating more employment in the city?

  Organised Sector Unorganised Sector Total
No. of workers 4,00,000 11,00,000 15,00,000
Income (Rs) 32,000 million 28,000 million 60,000 million

 

It is clear that while a larger portion of workers is working in the unorganized sector, the per capita earning of those in the organized sector is more. The government should encourage the entrepreneurs in the unorganized sector to change them into the organized sector. Moreover, government should introduce some incentives so that more industries could be opened up in the organized sector

.