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Which of the following statements is true of agriculture in Indian economy between 1973 and 2003?

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The sectorial share of agriculture in employment has decreased far more than its share on total output

The sectorial share of agriculture in total output has decreased, but its share in employment has increased.

The sectorial share of agriculture in total output has increased, but its share in employment has decreased.

The sectorial share of agriculture in output has decreased far more than its share in total employment.

answer is D.

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Detailed Solution

Agriculture’s share in GDP fell sharply—from about 38–40% in 1973 to ~22% by 2003—while it still employed a majority of workers (roughly 60%), so labor moved out of farming much more slowly than output share.

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