Understanding Economic development will introduce students to the three major sectors of the Indian economy. Firstly, agriculture and allied sectors, commonly known as the primary sector. It includes farming, forestry, and fishing. During India’s independence, this sector had the biggest share in the GDP of India, but now it contributes around 17% of Indian GDP. The agriculture sector employs almost 53% of the nation’s population.
The industrial sector is the secondary sector of the economy. It includes manufacturing, mining and quarrying, gas, electricity, water supply, and construction units within its gamut. The secondary sector contributes around 29% of Indian GDP.