Sectors of the Indian Economy
One Shot Live Revision Series
Date Class 10th Live @ 6:00 PM Daily Class 9th Live @ 8:45 PM Daily
17 Sep 23 The rise of nationalism in Europe The French Revolution
18 Sep 23 Resources and Development India - Size and Location
19 Sep 23 Power Sharing What is democracy? Why democracy?
20 Sep 23 Development The story of village Palampur
21 Sep 23 Nationalism in India Socialism in Europe and the Russian Revolution
22 Sep 23 Forest and Wildlife Resources Physical Features of India
23 Sep 23 Federalism Constitutional Design
24 Sep 23 Sectors of the Indian Economy People as Resource
25 Sep 23 Gender , Religion and Caste Electoral politics
26 Sep 23 Water Resources Drainage
Sectors of the Indian Economy
Introduction
On the basis of nature On the basis of On the basis
of Raw material working condition of ownership
● Primary
● Organised ● Public
● Secondary
● unorganised ● Private
● Tertiary
Importance of
Issues associated
public sector
Rise in tertiary sector?
Reasons for disparity?
How to create more employment?
Sectors of the Indian Economy
Sectors of Economy Activities
Primary Sector Secondary Sector Tertiary Sector
Agriculture Sector Manufacturing Sector Service Sector
● Forms the base for all ● Natural products are ● Essential for the
other products. changed into other development of
● Example. forms through ways primary and
of manufacturing. secondary sector.
● Example. ● Example.
All the three sectors are highly interdependent.
Sectors of the Indian Economy
Comparing the Three Sectors
How to count the various goods and service produced.
Values rather than goods and services.
Precaution while doing so.
GDP
Value of only final goods and services to be Gross Domestic Product
included in calculation, because value of
intermediate goods already included. The sum of the value of final goods and
services produced in all sectors during a
particular year provides the total production
This will lead to problem of double counting. in country know GDP.
Sectors of the Indian Economy
Historical Change in Sectors
Primary Sector Secondary Sector Tertiary Sector
● Changing nature of ● Movement of people ● Growing importance
farming. into factories. in developed
● Excess of production. ● Production of goods countries.
● Emergence of service. and increase in ● Supplementing the
employment. growth of primary
and secondary sector
Situation of Primary, Secondary and Tertiary sectors in India.
Sectors of the Indian Economy
Primary, Secondary and Tertiary sector in India
Sectors of the Indian Economy
Primary, Secondary and Tertiary sector in India
Rising importance of the Tertiary sector in production.
● Several services are basic services, government has to take responsibility for
the provision of these services. Ex - Hospitals, education, police, etc.
● Development of agriculture and industry leads to the development of services.
● With the rise in income level, certain sections of people start demanding many
more services like eating out.
● Growth of information and communication and technology.
However, not all the services are growing equally well.
Sectors of the Indian Economy
Where are most of the People Employed?
Reasons for disparity.
Share in employment V/S Share in GDP
● Not enough jobs were generated in Secondary
and tertiary sector.
● Worker in agriculture sectors are underemployed.
Disguised unemployment
Example of Laxmi:
How to deal with disguise unemployment. ● Division of labour effort.
● Hidden unemployment.
Example of Sukhram.
Is underemployment happens only in agriculture sector?
Sectors of the Indian Economy
How to Create more Employment
Related with Laxmi's story. Another ways to increase employment.
Irrigation [Construction of dam] ● Establishing small scale industries.
● Example -
Bank → Loan ➢ Cold storage.
For transporting ➢ Agriculture products processing units.
Transportation
excess production.
➢ Honey collection centre.
Storage ● Working on the areas where there is
possibility to improve employment.
Example - Education, Health and Tourism.
Banks can provide loan For her various other needs.
Loan
at reasonable rate. E.g. Seeds, Fertilizers, etc
Sectors of the Indian Economy
How to Create more Employment
Recognising the need to create employment, the central government
in India made a law implementing the right to work.
MGNREGA 2005
● Mahatma Gandhi National Rural Employment Guarantee Act 2005.
● Guaranteed 100 days of employment to all those who are able to and
are in need of work in rural area.
● If government fails to provide employment, unemployment
allowances will be given to the people.
● The work that would help in future to increase the production from
land will be given preference under the Act.
Sectors of the Indian Economy
Division of Sector as Organised and Unorganised
Story of Kanta and Kamal.
Organised Sector Unorganised Sector
● Registered under the government and ● Small and scattered units which are largely
works under its supervision. outside the control of the government.
● Follow rules and regulations and laws such ● Rules and regulations are not followed.
as the factories act, minimum wages act.
● Employment is not secure.
● Workers enjoy security of employment.
● Working hours are not fixed.
● Working hours are fixed.
● No paid leaves, no provisions of overtime,
● Workers get paid leaves, paid for overtime paid leaves etc.
pensions on retirement.
Sectors of the Indian Economy
How to Protect in Unorganised Sector?
Shifting of organised sector to unorganised sector. Why?
Impact
In Rural area In Urban area
● Landless agricultural labourers, small and ● Workers in small scale industries,
marginal farmers, share croppers and casual worker in construct, trade and
artisan such as weavers, blacksmith and transport etc are working in
carpenters are needed to be protected. unorganised sector.
● They must be supported through adequate ● A Government should support them
facility for timely delivery of seeds in procuring raw material and
agricultural inputs credits, storage facilities marketing of output.
and marketing outlets.
Protection is required at the socio-economic level [SC, ST and OBC]
Sectors of the Indian Economy
Sector in Terms of Ownership: Public and Private Sector
Public Private
● Government owns most of the ● Private owner owns most of the
assets and provide all the services. assets and provides services.
Ex- Railways or post office. Ex- TISCO or RIL.
● Service motive ● Profit motive.
There are several sectors in which only government is able to invest and manage Why?
● Certain things are needed by society as a whole and require huge investment. Private sector will
not be provided at a reasonable cost. Ex- Eriggation, Road, Bridges.
● For the growth of some sectors, support of government is essential. Ex- Selling Electricity, PDS.
● Some activities are the primary responsibility of government and government must spend on
these. Ex- Health and Education.
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For Upcoming sessions
One Shot Live Revision Series
Date Class 10th Live @ 6:00 PM Daily Class 9th Live @ 8:45 PM Daily
17 Sep 23 The rise of nationalism in Europe The French Revolution
18 Sep 23 Resources and Development India - Size and Location
19 Sep 23 Power Sharing What is democracy? Why democracy?
20 Sep 23 Development The story of village Palampur
21 Sep 23 Nationalism in India Socialism in Europe and the Russian Revolution
22 Sep 23 Forest and Wildlife Resources Physical Features of India
23 Sep 23 Federalism Constitutional Design
24 Sep 23 Sectors of the Indian Economy People as Resource
25 Sep 23 Gender , Religion and Caste Electoral politics
26 Sep 23 Water Resources Drainage
