The secondary sector is the backbone of the Indian economy.
Which sector is the backbone of Indian?
Agriculture is the backbone of the Indian economy, as 75% of the population of India depends on agriculture.
Which is the backbone of the Indian economy?
Agriculture is the backbone of Indian economy.
Which sector is the backbone of all the sectors?
Manufacturing sector is known and considered as the backbone of any development.
What is the form of backbone of India?
Which sector is the backbone of Indian economy and why?
Terming the MSME sector as the backbone of the Indian economy, Gadkari said the sector contributes around 30 per cent of the country’s GDP and provides employment to over 10 crore people.
Which sector is called backbone of Indian GDP?
The MSME sector is and regarded as the backbone of the Indian economy.
Which sector is the backbone of development?
The manufacturing sector is considered as the backbone of the economic development of the country because of the following reasons: (i) Manufacturing sector helps in modernising agriculture which increases agricultural productivity.
Who is backbone of Indian cricket?
Virat Kohli-Backbone of Indian cricket team.
Why is agriculture sector called the backbone of Indian economy?
Agriculture can be called the backbone of India’s economic system because two-thirds of the Indian population is engaged in the cultivation of land. Agriculture not only helps to feed the large population, but it also supports the principal manufacturing industries with raw materials.
How is agriculture the backbone of Indian economy?
Agriculture is the Backbone of the Indian Economy
Agriculture supplies bulk of wage goods required by the non-agricultural sector. It provides raw materials for a large section of industries. … Agriculture accounts for about 18 percent share of the total value of India’s export.
Which industry forms the backbone of industrial sector in India?
‘The Iron and Steel industry constitutes the backbone of modern industrial economy’.
Which sector contributes the most to India’s economy?
The services sector is the largest sector of India. Gross Value Added (GVA) at current prices for the services sector is estimated at 96.54 lakh crore INR in 2020-21. The services sector accounts for 53.89% of total India’s GVA of 179.15 lakh crore Indian rupees.