Sectoral Aspects of Indian Economy — Chapter Summary
NIOS · Class 10 · Economics
Summary of Sectoral Aspects of Indian Economy for NIOS Class 10 Economics. Part of the NIOS Class 10 Economics syllabus.
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Overview
The Indian economy is divided into three major sectors: primary, secondary, and tertiary. These sectors differ by the kind of work they do, but they are closely connected. Agriculture, forestry, fishing, and mining belong to the primary sector. Manufacturing, construction, and gas, water, and electr
Key Concepts
The primary sector includes agriculture
The primary sector includes agriculture and allied activities, fishery, forestry, and mining and quarrying. These activities are directly connected wi
The secondary sector includes manufacturing
The secondary sector includes manufacturing, construction, and gas, water, and electricity supply. It turns raw materials into finished goods and also
The tertiary sector is also called
The tertiary sector is also called the service sector. It includes trade, hotels and restaurants, transport, storage and communication, banking and in
Agriculture contributed more than 50 percent
Agriculture contributed more than 50 percent to national income at independence, but around 15 percent in 2009-10. About 70 percent of the population
In 2009
In 2009-10, the industrial sector’s share in domestic product was 28 percent, compared with 14 percent at independence. Small scale industry is define
Learning Objectives
- Understand the three major sectors of the Indian economy.
- Recognise the main activities included in each sector.
- Study the role of each sector in national income and employment.
- Understand how agriculture, industry, and services are linked with each other.
- Identify the importance of services such as transport, banking, and communication in economic activity.
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Sources & Official References
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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