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Question

What is the approximate share of the three sectors of gdp of India 2010-11 ?
To what extent does the share of the sectors in employment reflect in the gdp? Discuss.

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Solution

Dear Student
i) The share of GDP from
Primary sector is 15 % (approx.)
​​​​​​Secondaru Sector is 30% (approx.)
Tertiary sector is 55%. (approx.)

ii) The share of employment from
primary sector is 55%
Secondary Sector is 20%
tertiary sector is 25%
The reason for more people working in primary sector and producing less is "disguised employment" in the primary sector.


Regards

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