Sectors of the Indian Economy
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Indian Economy and Indian Financial System — JAIIB.
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What is Indian economy?
is a multi-layered system in which production, distribution and consumption are spread across economic sectors that differ by nature of activity, level of technology, ownership and degree of formalisation.
Nature — Primary / Secondary / Tertiary?
Primary: Agriculture and allied; Secondary: Manufacturing/Industry; Tertiary: Services
Output — Primary / Secondary / Tertiary?
Primary: Raw material; Secondary: Processing of materials; Tertiary: Distribution / intangibles
Typical organisation — Primary / Secondary / Tertiary?
Primary: Unorganised; Secondary: Organised; Tertiary: Organised
Typical capital intensity — Primary / Secondary / Tertiary?
Primary: Low / labour-intensive; Secondary: High; Tertiary: Medium–high
Examples — Primary / Secondary / Tertiary?
Primary: Farming, fishing, mining; Secondary: Steel, textiles, autos; Tertiary: Banking, IT, retail
Agri & Allied (Primary) — 1950-51 / 2000-01 / 2021-22 / FY25 (PE) / FY26 (FAE)?
1950-51: ~ 51.8 %; 2000-01: ~ 22 %; 2021-22: 18.6 %; FY25 (PE): ~ 17.7 %; FY26 (FAE): ~ 17.9 %
Industry (Secondary) — 1950-51 / 2000-01 / 2021-22 / FY25 (PE) / FY26 (FAE)?
1950-51: ~ 14.2 %; 2000-01: ~ 27 %; 2021-22: 29 %; FY25 (PE): ~ 28 %; FY26 (FAE): ~ 27 %
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