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Q.

What is the importance of the primary sector in the Indian economy?


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a

Contribution to GDP

b

More employment

c

Covers other activities

d

All of the above 

answer is D.

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Detailed Solution

The importance of the primary sector in the Indian economy: Contribution to GDP, More employment, Covers other activities.
The fundamental rung of economic activity is known as the primary sector. It is founded on the production and upbringing of natural goods. All the activities that involve using natural resources fall under this category.
Additionally, it makes up more than 20% of India's GDP. This proportion, which was once 40%, has substantially decreased. It also includes various pursuits like raising poultry, fishing, producing dairy products, mining for oil and gas, harvesting trees, etc. Most jobs in the primary sector are unorganised, yet they account for 55% of all employment in India. It is the area of the Indian economy that uses the greatest labour.
 
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