What are the contributions of primary secondary and tertiary sectors to Indian economy?

Answer 1

The present importance of tertiary sector is the highest among all sector and may be understood as follows:India's economic output is represented by the primary sector(agriculture and mining), the secondary sector (manufacturing-organised and unorganised) and the tertiary sector(transportation, construction and other

services like construction, retailing, communication, financial services, health care, education and other). The primary sector, secondary sector and tertiary sectors account for 25%, 24% and 51% of the

GDP respectively.

Unfortunately the common man (because of ignorance), the politicians (because of lack of education and poor quality brains) and the economists (because of ideological blindness) do not understand the importance of the tertiary sector in economic development. As an economy grows prosperous, its people do not require more and more of agricultureal crops and manufactured output. The higher the productivity in primary and secondary sector and lower the employment in these sectors, the better it is. Because people need more of services rather than physical goods for better quality life. They need more of tarnsport (riad, air,sea, water, rail), more of communication ( mobiles, internet, ), more of education, more of training, more of healthcare, doctors, nurses, hospitals, diagnostic centres, more of entertainment (TV shos, movies, ) more technicians and artisans for repair and maintance of buildings, houses, household equipments, plumbers, electicians, swerage systems, more courier services, more banks, ATMs, more organised shopping malls, car parkings, and so on. Income and employment growth f lies in the tertiary sector. Tertiary sector includes scientific reseach and innovations that increases productivity and provide engineering and construction consultancy support services for all projects in all sectors. It is foolish to think the economies will continuously grow wioth primary and secondary sectors retaining the same importance or weight in the economy. Most advanced and rich copuntries have more than 80% of emplyment and income in the services sector. In the US, agriculture is less than 1%.

This is no natural and can be understood by even children if they think logically that Indians still have doubts in their mind. Just imagine you do not need vety large increase in food, clothes, shelter and machines as you grow rich: you consume more of services, education, newspaper, entertainment, medical services, travel and tourism, hotels and restaurants, high technolgy. So, that is where the growth lies. Indians

Answer 2

Service sector is the revenue earner in Indian economy. They work to ensure good quality service and satisfy foreign clients from all over the world who come back with newer projects . So more work opportunities and more money . More money means more growth of company and if such companies grow they result in global growth for Indian economy .

The service sector employs about 30 % of Indian workforce , yet provides about half of its output.

It is one of the 3 main sectors. The service sector is a supporting arm for the other 2 core sectors to make them flourish in their areas.

Answer 3

the service sector is also called as tertiary sector

Answer 4

service 56%