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Sectors of indian economy for class 10th
1.
2. An area of the economy in which business share the same or a
related product or service. Economy are comprised of four
sectors. The primary sector involves the extraction and
harvesting of natural products from the earth. ( e.g.,
agriculture, mining and forestry). The Secondary sector
consists of processing. Manufacturing and construction. The
Tertiary sector provide services, such as retail sales,
entertainment and financial sector is made up of intellectual
pursuits, like education.
8. Definition:
When the main activity involve
manufacturing then it is the
secondary sector. All industrial
production where physical goods
are product come under the
secondary sector.
9.
10.
11.
12. Tertiary sector
When the activity involves
providing in tangible goods
like service then this is part
of the tertiary sector.
Financial
services, management
consultancy, telephony and
IT are good example of
13.
14.
15.
16. Increasing the role of tertiary
sector
Transition shows
level of country
development, it
improves
specialization but
it’s better to avoid
extending service
part in economy
over 40-50% of
GDP.
18. The sector, which is
registered follows
government rules and
regulation, have employees
and employers union is
called organised sector.
The company form of
business comes under
organised sector. The
private retail business is
called unorganised sector
reliance retail is in
19.
20. UNORGANISED SECTOR
The sector which is not
following the prescribed
forms and the modus
operandi which is
standardized and
centralized. Many
industries fall into this
segment which are
transacting on a pseudo
industrial basis. It
more of a perceived
factor rather being an
implied one.
23. NREGA
1.
2.
3.
4.
National Rural Employment Guarantee Act
2005.
The central government in India recently
made a law implementing the right to work
in 200 district of India.
Under NREGA 2005, all those who are able
to, and are in need of, work have been
guaranteed 100 days of employment in a year
by the government.
If the government fails in its duty to provide
employment, it will give unemployment
allowance to the people. The types of word
that would in feature help to increase the
production from land will be given
preference under the Act,