Vrushali economics

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K J Somiaya Comprehensive College of education. PPT presentation of CAP

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Vrushali economics

  1. 1. SECTORAL DISTRIBUTION OF INDIAN ECONOMY K.J SOMIAYA COMPREHENSIVE COLLEGE OF EDUCATION, TRAINING & RESEARCH NAME: VRUSHALI PATIL ROLL NO. 50 SUBJECT : ECONOMICS STD : 9 th B.Ed 2010 -2011
  2. 2. CONTENT <ul><li>FACTS ABOUT INDIAN ECONOMY </li></ul><ul><li>DIFFERENT SECTORS OF INDIAN ECONOMY </li></ul><ul><li>Primary Sector </li></ul><ul><li>Secondary Sector </li></ul><ul><li>Tertiary Sector </li></ul><ul><li>GDP </li></ul><ul><li>CONTRIBUTION TO GDP </li></ul>
  3. 3. CURRENT FACTS OF INDIAN ECONOMY <ul><li>Indian economy, is the third largest economy in the world, in terms of purchasing power. </li></ul><ul><li>The economy of India is the eleventh largest economy in the world by nominal GDP. </li></ul><ul><li>In 2009, Indian GDP based on purchasing power parity (PPP) stood at USD 3.5 trillion. </li></ul><ul><li>India currently accounts for 1.5% of the total Indian trade as per WTO, 2007 publications. </li></ul>
  4. 4. DIFFERENT SECTORS OF INDIAN ECONOMY <ul><li>Indian Economy is divided into 3 main sectors that is :- </li></ul><ul><li>Primary Sector </li></ul><ul><li>Secondary Sector </li></ul><ul><li>Tertiary Sector </li></ul>
  5. 5. PRIMARY SECTOR <ul><li>Economic activity depends on use of natural resources. </li></ul><ul><li>Most products from this sector provides raw materials for other industries. </li></ul><ul><li>In 1970 the share of this sector was 50% which has reduced to 29% in 1995 and is now further reduced to 25%. </li></ul>
  6. 6. INDUSTRIES IN PRIMARY SECTOR Fishing Industry Agriculture Industry
  7. 7. INDUSTRIES IN PRIMARY SECTOR MINING INDUSTRY FORESTRY
  8. 8. PRIMARY SECTOR CONTRIBUTION TO GDP FROM 1990 TO 2009
  9. 9. SECONDARY SECTOR <ul><li>Economic sectors that create a finished usable product. </li></ul><ul><li>Takes the output of the primary sector and manufactures finished goods. </li></ul><ul><li>Contributes 24% of the share in Indian economy. </li></ul>
  10. 10. INDUSTRIES IN SECONDARY SECTOR STEEL INDUSTRY
  11. 11. INDUSTRIES IN SECONDARY SECTOR TEXTILE INDUSTRY ENERGY INDUSTRY AEROSPACE MANUFACTURING INDUSTRY                                                                             
  12. 12. SECONDARY SECTOR CONTRIBUTION TO GDP FROM 1990 TO 2009
  13. 13. TERTIARY SECTOR <ul><li>Is also called as “Service Sector”. </li></ul><ul><li>Is complementary to both Primary and Secondary Sector. </li></ul><ul><li>In Developed economies, Tertiary sector has the largest contribution in GDP and employment of work force. </li></ul>
  14. 14. INDUSTRIES IN TERTIARY SECTOR INSURANCE INDUSTRY BANKING INDUSTRY
  15. 15. INDUSTRIES IN TERTIARY SECTOR HOTEL INDUSTRY AIRLINE INDUSTRY                                                                                
  16. 16. GROSS DOMESTIC PRODUCT (GDP) <ul><li>Market value of Final goods and services within the Domestic territory of the country during the year. </li></ul><ul><li>It indicates the real growth rate. </li></ul><ul><li>Two methods to calculate it are: </li></ul><ul><li>Actual Price method </li></ul><ul><li>Cost Factor method </li></ul>
  17. 17. CONTRIBUTION OF SECTORS IN GDP
  18. 18. EVALUATION <ul><li>Name the 3 sectors in the Indian Economy? </li></ul><ul><li>Ans: </li></ul><ul><li>Primary Sector </li></ul><ul><li>Secondary Sector </li></ul><ul><li>Tertiary Sector </li></ul>
  19. 19. EVALUATION <ul><li>Which activities are included in Primary Sector ? </li></ul><ul><li>Ans: </li></ul><ul><li>Agriculture </li></ul><ul><li>Mining </li></ul><ul><li>Fishing </li></ul><ul><li>Forestry </li></ul>
  20. 20. EVALUATION <ul><li>Which are the activities in the Secondary Sector? </li></ul><ul><li>Ans: </li></ul><ul><li>Steel Industry </li></ul><ul><li>Textile Industry </li></ul><ul><li>Aerospace Industry </li></ul><ul><li>Chemical Industry </li></ul>
  21. 21.                    

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