Sectoral Aspects of Indian Economy
NIOS · Class 10 · Economics
Complete topic list for Sectoral Aspects of Indian Economy in NIOS Class 10 Economics. Key concepts, sub-topics, and what to focus on for board exams.
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Topics in Sectoral Aspects of Indian Economy
1. Three Sectors of the Economy
- There are three major sectors of the economy: primary, secondary, and tertiary.
- Primary sector includes agriculture and allied activities, fishery, forestry, and mining and quarrying.
- Secondary sector includes manufacturing, construction, and gas, water and electricity supply.
2. Role of the Primary Sector
- Agriculture contributed more than 50 percent to national income at independence.
- In 2009-10 agriculture contributed around 15 percent to national income.
- About 70 percent of the population depended on agriculture at independence.
3. Role of the Secondary Sector
- An industry established by spending a minimum of Rs. 25 lakh on plants and machinery is a small scale industry.
- Small scale industries generally use labour-intensive technology.
- Large scale industries need huge investment, occupy more land, and use capital-intensive technology.
4. Role of the Tertiary Sector
- The service sector is the tertiary sector.
- Service sector contributed 55.20 out of 100 to national income in 2009-10.
- Service sector absorbed 29.4 percent of total employment in 2009-10.
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