Question 12

“Tertiary sector is not playing any significant role in the development of Indian
economy.” Do you agree? Give reasons in support of your answer.

Answer

No it is not correct to say that tertiary sector is not playing any significant role in the development of Indian economy. The tertiary sector has emerged as the largest producing sector in india replacing the primarysector. This sector has a big contribution to the growth of Indian economy. The GDP share of the tertiary sector has grown from around 40% in 1973 to more than 50% in 2003.

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