sectors of indian economy
TRANSCRIPT
SECTORS OF
INDIAN ECONOMY
CONTENTS•PRESENTATION MEMBERS•ECONOMY OF INDIA – A BRIEF INTRO•SECTORS OF INDIAN ECONOMY : CLASSIFICATION•SECTORS OF INDIAN ECONOMY : CLASSIFICATION 2
• PRIMARY SECTOR• SECONDARY SECTOR• TERTIARY SECTOR• GROWTH AND STATUS OF DIFFERENT SECTORS IN INDIA
• THANK YOU
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Presented by:
• Fares Muhammed (7)• Hamid Asadullah (8)• Lehan Fayaz (9)
Economy of India
Rank 9th (nominal) / 3rd (PPP)
Currency 1 (INR) ( ) = 100 Paisa
Fiscal year 1 April – 31 March
Trade organizations WTO, SAFTA, G-20 and others
SECTORS OF
INDIAN ECONOMY
ON THE BASIS OF OWNERSHIP
PRIVATE SECTOR
PUBLIC SECTOR
ON THE BASIS OF THE NATURE OF THE
ACTIVITY PERFORMED
PRIMARY SECTOR
SECONDARY SECTOR
TERTIARY SECTOR
ON THE BASIS OF THE CONDITION OF
THE WORKERS
ORGANISED
UNORGANISED
CONTINUE
SECTORS OF INDIAN ECONOMY
CLASSIFICATION
ON THE BASIS OF THE NATURE OF THE
ACTIVITY PERFORMED
PRIMARYSECTOR
SECONDARY SECTOR
TERTIARY SECTOR
CONTINUE
PRIMARY SECTORPrimary sector are activities undertaken by directly using natural resources. Example—Agriculture , Mining, Fishing, Forestry, Dairy etc. It is called primary sector because it forms the base for all other products that we subsequently make. Since most of the natural products we get are from agriculture, dairy, forestry, fishing it is also called Agriculture and related sector .
FISHERIES AND AGRICULTURE BELONG THE PRIMARY SECTOR
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SECONDARY SECTOR
It covers activities in which natural products are changed into other forms through ways of manufacturing that we associate with industrial activity. It is a next step after primary, where the product is not produced by nature but has to be made. Some process of manufacturing is essential, it could be in a factory, a workshop or at home. Example : Using cotton fibre from plant, we spin yarn and weave cloth; using sugarcane as a raw material we make sugar or gur; we convert earth into bricks. Since this sector is associated with different kinds of industries, it is also called industrial sector .
SECONDARY SECTOR MOSTLY INCLUDES INDUSTRIES
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TERTIARY SECTORThese are the activities that help in the development of the primary & secondary sector. These activities by themselves do not produce good but they are an aid and support to the production process. Example: a)Transportation--Goods that are produced in the primary sector need to be transported by trucks or trains and than sold in the wholesale and retail shops. b)Storage--at times it is necessary to store these products in godowns , which is also a service made available. c)Communication --talking to others on telephone. d)Banking--borrowing money from the banks.
TRANSPORT SYSTEM BELONGS TO THE SERVICE SECTOR
BANKING BELONGS TO THE SERVICE SECTOR
CONTINUE
GROWTH AND STATUS OF DIFFERENT SECTORS IN INDIA
CONTINUE