CBSE Notes, Lectures

CBSE - Economics - Sectors of the Indian Economy

Sectors of the Indian Economy

Short Answer Type

Though maximum share of GDP is coming from tertiary sector, but still the share of employment in the primary sector is maximum. Discuss.

(a) This situation is because not enough jobs are created in the secondary and tertiary sectors.
 (b) Though the industrial production of goods went up by eight times, but employment in the industry went up by only 2.5 times. 
 (c) Similarly in the tertiary sector, production rose by 11 times but employment rose less than three times.
 As a result, more than half of the population is dependent on the primary sector which contributes only a quarter of GDP. 

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