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Question
“Tertiary sector is not playing any significant role in the development of Indian economy.” Do you agree? Give reasons in support of your answer.
Solution
“Tertiary sector is not playing any significant role in the development of the Indian economy”. This statement is not true.
The tertiary sector has contributed vastly to the Indian economy, especially in the last two decades. In the last decade, the field of information technology has grown, and consequently, the GDP share of the tertiary sector has grown from around 40% in 1973 to more than 50% in 2003.
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RELATED QUESTIONS
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Problems faced by farming sector |
Some possible measures |
||
1. |
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(a) |
Setting up agro-based mills |
2. |
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Compare Tables “A” & “B” and answer the question given below.
Table- A | |||
Share of Sectors in GDP in % | |||
Year | Tertiary | Secondary | Primary |
1973-74 | 50 | 10 | 40 |
2013-14 | 68 | 21 | 11 |
Table- B | |||
Share of Sectors in employment in % | |||
Year | Tertiary | Secondary | Primary |
1977-78 | 18 | 11 | 71 |
2017-18 | 31 | 25 | 44 |
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