Name: The Public and Private Sectors in India
Uploaded: 2019-07-19
Duration: 4 min 2 s
Description: Based on the ownership and nature of economic activities, sectors are classified into public and private sectors. Learn more about them in this video.

Question

Which sector of Indian economy continued to provide maximum employment between the years

1973 - 2000

?

Accepted Answer

The primary continued to provide maximum employment between the concerning tenure of $1973 - 2000$ . The primary sector employed the larger employee bases since independence. As far as the context of $1973$ is concerned, approximately $70 %$ of the workforce was engaged in primary sector. The employment in secondary and tertiary sectors had increased since $1973$ but this increment was not congruent to the share of concerning economic sector in GDP.

The employment level in the year $2000$ had risen by only $2.5$ times but the production had increased by more extents. This is because the secondary sector started using machines that required a fewer employee base. In contrast, the employment in tertiary sector had increased by three times in the year $2000$ but its productivity increased by eleven times. This is because only high tech professionals were hired in the tertiary sector who demanded higher wages. This is why this sector could not grab a lot of employee bases in tertiary sector.

Which sector of Indian economy continued to provide maximum employment between the years $1973 - 2000$ ?

Important Questions on Sectors of the Indian Economy

Learn and Prepare for any exam you want !

Which sector of Indian economy continued to provide maximum employment between the years 1973-2000?

Important Questions on Sectors of the Indian Economy

Learn and Prepare for any exam you want !

Which sector of Indian economy continued to provide maximum employment between the years $1973 - 2000$ ?