![]() ![]() Factories producing steel, chemicals, plastic, car.Small workshops producing pots, artisan production.People engaged in secondary activities are called blue collar workers.Since this sector is associated with different kinds of industries, it is also called industrial sector.Hence its the part of a country's economy that manufactures goods, rather than producing raw materials.Industrial production, cotton fabric, sugar cane production etc. It includes the industries where finished products are made from natural materials produced in the primary sector.People engaged in primary activities are called red-collar workers due to the outdoor nature of their work.Since most of the natural products we get are from agriculture, dairy, forestry, fishing, it is also called Agriculture and allied sector. It is called so because it forms the base for all other products.Agriculture, Mining, Fishing, Forestry, Dairy etc. In Primary sector of economy, activities are undertaken by directly using natural resources.Certain sectors like transport and finance played an important role in supporting the industrial activity. A support system was needed to facilitate the industrial activity.The growth of secondary sector spread its influence during the industrial revolution in the nineteenth century.After the surplus production of food, people’s need for other products increased which led to the development of the secondary sector. All economic activity was in the primary sector during early civilisation.The Indian economy can be classified into various sectors on the basis of ownership, working conditions and the nature of the activities.Economic activities result in the production of goods and services while sectors are the group of economic activities classified on the basis of some criteria.As per Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation (MOSPI), the growth in GDP during 2018-19 is estimated at 7.2 percent as compared to the growth rate of 6.7 per cent in 2017-18.According to report "India's economy is poised to pick up in 2019, benefiting from lower oil prices and a slower pace of monetary tightening than previously expected, as inflation pressures ease," the report said.According to World Economic Outlook report of IMF, India's economy is expected to grow by 7.5 per cent in the 2019-20 fiscal year, keeping an upward trajectory as the rest of the world slumps.India is likely to surpass the United Kingdom in the world's largest economy rankings in 2019, according to a report by global consultancy firm PwC.As per the World Bank data, in 2017, India became the sixth largest economy with a GDP of USD 2.59 trillion, relegating France to the seventh position.India is the fastest growing large economy in the world, with an enormous population, favourable demographics and high catch-up potential due to low initial GDP per head.Sector-wise Contribution of GDP in India. ![]() ![]() Why did India shift from primary sector to services sector and not secondary sector?. ![]()
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