Which one of the following sector’s contribution is the maximum in Ind

Which one of the following sector’s contribution is the maximum in India’s GDP ?

Agriculture sector
Manufacturing sector
Services sector
Mining sector
This question was previously asked in
UPSC SO-Steno – 2017
Option C is correct. In India, the Services sector contributes the largest share to the Gross Domestic Product (GDP). This has been the case for many years, signifying a structural shift in the Indian economy. While the contribution percentages may fluctuate slightly year to year, the services sector consistently dominates.
– The Indian economy is broadly divided into three sectors: Agriculture & Allied, Industry, and Services.
– Services sector includes diverse activities like trade, hotels, transport, communication, finance, insurance, real estate, community, social, and personal services.
– Historically, agriculture was the dominant sector, but its share has declined significantly.
– The Industry sector includes manufacturing, mining, quarrying, electricity, gas, water supply, and construction. Its share is typically less than the services sector.
– The large share of the services sector is a characteristic of many developing and developed economies, but in India, it contributes significantly to GDP despite employing a smaller percentage of the workforce compared to agriculture.