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“Tertiary sector is not playing any significant role in the development of Indian economy.” Do you agree? Give reasons in support of your answer. - Social Science

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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.

Answer in Brief

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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Primary, Secondary and Tertiary Sectors in India
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Chapter 2: Sectors of the Indian Economy - Exercises [Page 36]

APPEARS IN

NCERT Social Science (Economics) - Understanding Economic Development [English] Class 10
Chapter 2 Sectors of the Indian Economy
Exercises | Q 12 | Page 36

RELATED QUESTIONS

Workers in the _________ sector do not produce goods. (tertiary / agricultural)


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Some possible measures

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Unirrigated land

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Setting up agro-based mills

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Low prices for crops

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Cooperative marketing societies

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Debt burden

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Procurement of food grains by government

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No job in the offseason

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Construction of canals by the government

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Compelled to sell their grains to the local traders soon after harvest

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Banks to provide credit with low interest


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Compare Tables “A” & “B” and answer the question given below.

Table- A
Share of Sectors in GDP in %
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Table- B
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