On the basis of its occupation, classify the major sectors of Indian economy

On the basis of the various economic activities in which the workers are engaged in, Indian economy can be divided into the following:

Primary Sector: Activities are based on natural resources. Farming, livestock rearing, fishing, quarrying, forestry, etc. are primary activities in this sector.

Secondary Sector: Also known as the industrial sector, natural products (obtained via primary activities) are processed to manufacture different commodities. For example, sugarcane is processed to produce sugar.

Tertiary Sector: Activities assist the development of the primary and secondary sectors are carried out. Most activities are ‘services’ related rather than production of any goods. For example, transportation of raw materials or finished products, banking facilities, telecommunication, etc. are activities that support primary and secondary sector activities.

Statistical contribution of the above sectors in terms of income and employment to the Indian economy.

• Primary Sector: The agriculture and allied sectors contributes to around 15% of Indian GDP but provides jobs to over 50% percent of India’s population.
• Secondary Sector: The industrial sector contributes to around 31% of the Indian GDP, and employs around 24% of the population.
• Tertiary Sector: The services sector contributing to around 53% of the Indian GDP and employs around 26% of the population.

Source: https://www.quora.com/What-is-role-of-primary-sector-in-Indian-economy

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