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Gaurav Seth 5 years, 4 months ago
Growth and Status of Different Sectors in India
Closely observe the given graphs. The first graph shows the rupee-wise turnover of various sectors in 1973 and 2003. The second graph shows the share of three sectors in the GDP during these 20 years and last graph shows share in providing employment.
The first graph shows a massive increase in turnover for all these sectors during 20 years, which shows the way our economy grew.
The second graph shows that share of agriculture decreased substantially and that of industry remained static and share of services grew. Particularly the growth of share of services sector was phenomenal from 35% to 55%.
Now the third graph paints a distressing picture. The share in providing employment was not in tune with the share in GDP. The agriculture provided employment to 75% workers and this decreased to 60% in 2000, which is not as big a drop as agriculture’s drop in GDP contribution. On the other hand, the growth in employment provided by other two sectors was substantially low.
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