Indian Economy: Agriculture and Industry
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Questions and Answers

What percentage of India's GDP is contributed by the agricultural sector?

around 18%

What was the primary objective of the National Food Security Mission launched in 2007?

to increase food grain production

Which government initiative aimed to promote manufacturing and increase foreign direct investment (FDI) in India?

Make in India (2014)

What percentage of India's GDP is contributed by the services sector?

<p>around 57%</p> Signup and view all the answers

What was the goal of the National Manufacturing Policy introduced in 2011?

<p>to increase manufacturing's share in GDP to 25%</p> Signup and view all the answers

What is the primary difference between the primary sector and the secondary sector in terms of their activities?

<p>The primary sector is involved in the extraction and production of natural resources, whereas the secondary sector is involved in the processing and manufacturing of raw materials.</p> Signup and view all the answers

Which sector is the largest contributor to India's GDP, and what percentage of the workforce does it employ?

<p>The tertiary sector is the largest contributor to India's GDP, contributing around 55-60%, and it employs around 20-25% of the workforce.</p> Signup and view all the answers

What are the main activities involved in the primary sector, and how does it contribute to India's GDP?

<p>The main activities involved in the primary sector are agriculture, forestry, mining, and quarrying, and it contributes around 15-20% to India's GDP.</p> Signup and view all the answers

What is the significance of the secondary sector in India's economy, and what percentage of the workforce does it employ?

<p>The secondary sector is significant in India's economy as it provides the necessary goods and services for the country's development, and it employs around 20-25% of the workforce.</p> Signup and view all the answers

How does the tertiary sector contribute to India's economy, and what are some of the main activities involved in this sector?

<p>The tertiary sector contributes to India's economy by providing services to businesses and consumers, and some of the main activities involved in this sector are trade, transportation, storage, and communication, among others.</p> Signup and view all the answers

Study Notes

Agriculture

  • Contributes around 18% to India's GDP
  • Employs around 50% of the workforce
  • Main crops: rice, wheat, pulses, cotton, jute, tea, and coffee
  • Government initiatives:
    • Green Revolution (1960s): increased food production and self-sufficiency
    • White Revolution (1970s): increased milk production
    • National Food Security Mission (2007): aimed to increase food grain production

Industry

  • Contributes around 25% to India's GDP
  • Main industries:
    • Textiles
    • Iron and steel
    • Cement
    • Automobiles
    • Pharmaceuticals
    • IT and ITES
  • Government initiatives:
    • Make in India (2014): aimed to promote manufacturing and increase FDI
    • Industrial corridors: Delhi-Mumbai, Chennai-Bengaluru, and Amritsar-Kolkata

Services

  • Contributes around 57% to India's GDP
  • Main services:
    • IT and ITES
    • Financial services
    • Tourism
    • Healthcare
    • Education
    • Logistics
  • Government initiatives:
    • National e-Governance Plan (2006): aimed to improve government services through technology
    • Digital India (2015): aimed to promote digital infrastructure and services

Manufacturing

  • Contributes around 15% to India's GDP
  • Main manufacturing sectors:
    • Automobiles
    • Pharmaceuticals
    • Textiles
    • Food processing
    • Electronics
  • Government initiatives:
    • National Manufacturing Policy (2011): aimed to increase manufacturing's share in GDP to 25%
    • Make in India (2014): aimed to promote manufacturing and increase FDI
    • Production-Linked Incentive (PLI) scheme: aimed to incentivize manufacturing in specific sectors

Agriculture

  • India's GDP is heavily reliant on agriculture, with a contribution of around 18%
  • Agriculture is the primary source of employment for approximately 50% of the workforce
  • The main crops grown in India are rice, wheat, pulses, cotton, jute, tea, and coffee
  • The Green Revolution of the 1960s significantly increased food production and self-sufficiency
  • The White Revolution of the 1970s led to a substantial increase in milk production
  • The National Food Security Mission launched in 2007 aimed to increase food grain production

Industry

  • Industry contributes around 25% to India's GDP
  • Major industries in India include textiles, iron and steel, cement, automobiles, pharmaceuticals, IT, and ITES
  • The 'Make in India' initiative launched in 2014 aimed to promote manufacturing and increase Foreign Direct Investment (FDI)
  • The development of industrial corridors, including the Delhi-Mumbai, Chennai-Bengaluru, and Amritsar-Kolkata corridors, is underway

Services

  • The services sector dominates India's GDP, with a contribution of around 57%
  • Key services in India include IT, ITES, financial services, tourism, healthcare, education, and logistics
  • The National e-Governance Plan launched in 2006 aimed to improve government services through technology
  • The Digital India initiative launched in 2015 aimed to promote digital infrastructure and services

Manufacturing

  • Manufacturing contributes around 15% to India's GDP
  • Major manufacturing sectors in India include automobiles, pharmaceuticals, textiles, food processing, and electronics
  • The National Manufacturing Policy launched in 2011 aimed to increase manufacturing's share in GDP to 25%
  • The 'Make in India' initiative launched in 2014 aimed to promote manufacturing and increase FDI
  • The Production-Linked Incentive (PLI) scheme aims to incentivize manufacturing in specific sectors

Primary Sector

  • Extraction and production of natural resources
  • Includes agriculture, forestry, mining, and quarrying
  • Agriculture comprises crops, livestock, and fisheries
  • Mining involves coal, iron ore, and other minerals
  • Quarrying involves limestone, sand, and other materials
  • Contributes around 15-20% to the GDP
  • Employs around 50-60% of the workforce

Secondary Sector

  • Processing and manufacturing of raw materials
  • Includes manufacturing, construction, and utility supply
  • Manufacturing involves textiles, steel, automobiles, and other goods
  • Construction involves building infrastructure and buildings
  • Utility supply includes electricity, gas, and water
  • Contributes around 25-30% to the GDP
  • Employs around 20-25% of the workforce

Tertiary Sector

  • Provision of services to businesses and consumers
  • Includes trade, transportation, storage, and communication
  • Trade involves wholesale and retail activities
  • Transportation involves road, rail, air, and water transport
  • Storage and communication involve warehousing and telecommunications
  • Finance includes banking, insurance, and other services
  • Real estate and business services involve property management and consulting
  • Education and healthcare involve providing knowledge and medical services
  • Tourism and hospitality involve travel and accommodation services
  • Contributes around 55-60% to the GDP
  • Employs around 20-25% of the workforce

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This quiz covers the importance of agriculture and industry in India's economy, including their contributions to GDP, workforce, and main crops and industries.

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