Agriculture industrial sectors major contributors GDP from "summary" of Indian Economy: Performance and Policies by Uma Kapila
The agricultural and industrial sectors have always played a crucial role in contributing to the Gross Domestic Product (GDP) of India. Agriculture, being the primary sector of the economy, has been a major contributor to the GDP for a long time. With a significant portion of the Indian population engaged in agricultural activities, the sector has a direct impact on the overall economic output of the country. The industrial sector, on the other hand, has seen tremendous growth and development over the years. The manufacturing and production of goods and services in industries have added significantly to the GDP of India. The industrial sector has not only created employment opportunities but has also boosted the overall economic growth of the country. Both the agricultural and industrial sectors have their unique contributions to the GDP of India. While agriculture provides food security and sustenance to a large population, the industrial sector adds value to the economy through the production of goods and services. The two sectors complement each other in driving economic growth and development in the country. The government has recognized the importance of these sectors and has implemented various policies and programs to promote their growth. Initiatives such as increasing agricultural productivity, promoting industrialization, and encouraging investments in these sectors have been undertaken to boost their contribution to the GDP. In recent years, there has been a shift towards a more service-oriented economy in India. While the service sector has been growing rapidly and contributing significantly to the GDP, it is essential not to overlook the importance of the agricultural and industrial sectors. These sectors have been the backbone of the Indian economy for a long time and continue to play a vital role in driving economic growth and development.- The agricultural and industrial sectors remain major contributors to the GDP of India. Their significance in the economy cannot be understated, and it is essential to continue supporting and promoting these sectors to ensure sustainable economic growth in the country.
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