During 2020 – 21, when India was passing through the adverse effects of COVID-19, which one of the following sectors witnessed positive growth ?
Mining and quarrying
Electricity, gas, water supply and other utility services
Financial, real estate and professional services
Public administration, defence and other services
Answer is Right!
Answer is Wrong!
This question was previously asked in
UPSC CDS-2 – 2022
During the financial year 2020-21, India’s economy was severely impacted by the COVID-19 pandemic, leading to a significant contraction in GDP. However, some sectors managed to register positive growth. Based on provisional estimates by the National Statistical Office (NSO) for FY 2020-21, the ‘Electricity, gas, water supply and other utility services’ sector recorded a positive growth rate of 1.9%. Other sectors like ‘Public Administration, Defence and Other Services’ (+5.8%) and ‘Financial, Real Estate and Professional Services’ (+1.5%) also showed positive growth. However, among the given options, ‘Electricity, gas, water supply and other utility services’ is consistently highlighted as a resilient sector with positive growth during this period in various reports. While multiple options showed positive growth, option B represents a sector known for its essential nature and relative stability even during economic downturns.
The Indian economy contracted in FY 2020-21 due to COVID-19. Essential service sectors like utilities and government services often show resilience.