Introduction
Primary(agriculture), secondary(manufacturing), tertiary(services) sectors, employment patterns.
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Economic Sectors
Primary: agriculture, fishing, mining. Secondary: manufacturing, construction. Tertiary: services(banking,IT,transport). Tertiary dominates GDP but agriculture still employs most. Organised sector: registered, labour laws. Unorganised: no protection. MGNREGA: 100 days rural employment guarantee.
Key Points
- •Tertiary: largest GDP share
- •Agriculture: most employment (disguised unemployment)
- •Organised vs unorganised sector
- •MGNREGA: 100 days employment guarantee
- •Shift from primary to tertiary in GDP
Quick Summary
- ✓Three sectors: primary, secondary, tertiary
- ✓Tertiary dominates GDP; agriculture dominates employment
- ✓MGNREGA: rural employment guarantee
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