Explain the sectoral distribution of the Indian economy.

Asked by Topperlearning User | 17th Feb, 2016, 11:19: AM

Expert Answer:

The three sectors of the Indian economy are:

Primary Sector: The agricultural sector is also known as the primary sector and includes agriculture and allied activities such as crop production, horticulture, plantation crops, forestry and allied activities like dairy, fisheries, poultry, sheep-goat, piggery, rearing of silk worms, etc.  

Secondary Sector: The industrial sector or the secondary sector consists mainly of mining and quarrying; manufacturing and electricity; gas and supply. Small-scale and large-scale industries are included under manufacturing. In this sector, goods are produced with the raw materials from the primary sector. These goods are also known as manufactured goods.

Tertiary Sector: The services sector or the tertiary sector includes trade, transport and communication; financing, insurance, real estate, business services, etc. The service sector also includes trading of goods which includes export and import.

Answered by  | 17th Feb, 2016, 01:19: PM

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