Which sectors in India need development?

Because, with opportunities come challenges. The services sector needs many million knowledge workers….

• INFORMATION TECHNOLOGY. The IT sector has been India’s sunshine sector for quite some time now.
• TELECOM.
• HEALTHCARE.
• INFRASTRUCTURE.
• RETAIL.

Which sector should be developed?

The best sector to invest in to boost economic growth is the manufacturing sector. This is because most developing countries already have a rich natural resource base.

Which sector is developing the most during India’s economic growth?

Agriculture and allied sectors like forestry, logging and fishing accounted for 18.6\% of the GDP in 2005, employed 60\% of the total workforce and despite a steady decline of its share in the GDP, is still the largest economic sector and plays a significant role in the overall socio-economic development of India.

In which sector you will put Indian economy?

They are three sectors in the Indian economy, they are; primary economy, secondary economy, and tertiary economy. In terms of operations, the Indian economy is divided into organized and unorganized. While for ownership, it is divided into the public sector and the private sector.

Which sectors contribute GDP?

According to CIA Fackbook, sector-wise Indian GDP composition in 2017 is as follows: Agriculture (15.4\%), Industry (23\%), and Services (61.5\%). With the production of agriculture activity of $375.61 billion, India is 2nd larger producer of agriculture products.

Which sector contributes the most in Indian national income?

The services sector
The services sector is the largest sector in India. The services sector accounts for 53.66\% of total India’s GVA of Rs. 137.51 lakh crore. The industrial sector is at the second spot and contributing around 31\% of the Indian GDP.

What are the 3 sectors of Indian economy?

Sectors of Indian Economy

• Three sectors – Primary, Secondary and Tertiary.
• Primary = Agriculture related.
• Secondary = Industry related.
• Tertiary = Service related.
• Sector share towards GDP : Tertiary (60\%)> Secondary (28\%)> Primary(12\%).
• Sector share by working force : Primary (51\%)> Tertiary (27\%) > Secondary (22\%)>