Primary sector – Agriculture & Production
- This sector produces raw material for food stuff and industrial use.
- This sector is also known as ‘Extractive Industries’
- Agricultural sector is known as the primary sector, in which agricultural operations are undertaken.
- Eg: agriculture, cattle rearing, forestry, fishing, fuels, metals, mining, minerals, etc.
- This sector also called Red collar job
- India is the second largest agriculture producer in world.
- India accounts for 39% of total global agriculture output.
- GDP Contribution =17.01%
Secondary sector – Manufacturing
- This sector uses the produce of the primary sector as its raw materials.
- Raw materials converted into the finished, semi-finished product through machinery on a large scale or small, medium scale.
- Examples are automobiles, textiles, engineering works, etc.
- This sector also called Blue collar job.
- GDP Contribution = 29.01%
Tertiary Sector – Service
- This sector includes all economic activities where different ‘services’ are produced such as education, banking, insurance, transportation, tourism, etc.
- This sector also called White collar job.
- GDP Contribution = 53.09%
- Most of the GDP in our country is contributed by the tertiary sector.