Vrushali economics
Post on 06-May-2015
3099 Views
Preview:
DESCRIPTION
Transcript
SECTORAL DISTRIBUTION OF INDIAN ECONOMY
K.J SOMIAYA COMPREHENSIVE COLLEGE OF EDUCATION, TRAINING & RESEARCH
NAME: VRUSHALI PATIL
ROLL NO. 50
SUBJECT : ECONOMICS STD : 9th
B.Ed 2010 -2011
CONTENT• FACTS ABOUT INDIAN
ECONOMY• DIFFERENT SECTORS OF
INDIAN ECONOMY1. Primary Sector2. Secondary Sector3. Tertiary Sector
• GDP• CONTRIBUTION TO GDP
CURRENT FACTS OF INDIAN ECONOMY
• Indian economy, is the third largest economy in the world, in terms of purchasing power.
• The economy of India is the eleventh largest economy in the world by nominal GDP.
• In 2009, Indian GDP based on purchasing power parity (PPP) stood at USD 3.5 trillion.
• India currently accounts for 1.5% of the total Indian trade as per WTO, 2007 publications.
DIFFERENT SECTORS OF INDIAN ECONOMY
• Indian Economy is divided into 3 main sectors that is :-
1. Primary Sector
2. Secondary Sector
3. Tertiary Sector
PRIMARY SECTOR• Economic activity depends on use of
natural resources.
• Most products from this sector provides raw materials for other industries.
• In 1970 the share of this sector was 50% which has reduced to 29% in 1995 and is now further reduced to 25%.
INDUSTRIES IN PRIMARY SECTOR
Fishing Industry Agriculture Industry
INDUSTRIES IN PRIMARY SECTOR
MINING INDUSTRY FORESTRY
PRIMARY SECTOR CONTRIBUTION TO GDP FROM
1990 TO 2009
0
5
10
15
20
25
30
35
1990 1995 2000 2005 2009
Percentage value ofPrimary Sector
SECONDARY SECTOR• Economic sectors that create a
finished usable product.
• Takes the output of the primary sector and manufactures finished goods.
• Contributes 24% of the share in Indian economy.
INDUSTRIES IN SECONDARY SECTOR
STEEL INDUSTRY
INDUSTRIES IN SECONDARY SECTOR
TEXTILE INDUSTRY
ENERGY INDUSTRY
AEROSPACE MANUFACTURING INDUSTRY
SECONDARY SECTOR CONTRIBUTION TO GDP FROM 1990 TO 2009
0
5
10
15
20
25
1990 1995 2000 2005 2009
% value of Secondarysector
TERTIARY SECTOR• Is also called as “Service Sector”.
• Is complementary to both Primary and Secondary Sector.
• In Developed economies, Tertiary sector has the largest contribution in GDP and employment of work force.
INDUSTRIES IN TERTIARY SECTOR
INSURANCE INDUSTRY
BANKING INDUSTRY
INDUSTRIES IN TERTIARY SECTOR
HOTEL INDUSTRY
AIRLINE INDUSTRY
GROSS DOMESTIC PRODUCT (GDP)• Market value of Final goods and
services within the Domestic territory of the country during the year.
• It indicates the real growth rate.
• Two methods to calculate it are:1. Actual Price method2. Cost Factor method
CONTRIBUTION OF SECTORS IN GDP
Primary Sector17%
Secondary Sector28%
Tertiary Sector55%
EVALUATION• Name the 3 sectors in the Indian
Economy?Ans:1. Primary Sector
2. Secondary Sector
3. Tertiary Sector
EVALUATION• Which activities are included in
Primary Sector ?Ans: • Agriculture• Mining• Fishing• Forestry
EVALUATION• Which are the activities in the
Secondary Sector?Ans: 1. Steel Industry2. Textile Industry3. Aerospace Industry4. Chemical Industry
top related