Among the three sectors of the economy, which sector became the driving force for achieving a higher growth rate in India and China?

Question Among the three sectors of the economy, which sector became the driving force for achieving a higher growth rate in India and China?
Chapter Comparative Development Experiences of India and its Neighbours
Class  Class 12
Subject Economics (Indian Economic Development)
Category Indian Economic Development Class 12 Sandeep Garg Solutions

Question – Among the three sectors of the economy, which sector became the driving force for achieving a higher growth rate in India and China?

Answer – 

In China both industrial and service sector became the driving force for achieving a higher growth rate as GDP contribution from industrial sector is 41% from service sector it is 52%. In India the emphasize was given on service sector, GDP contribution from industrial sector is 30% and from service sector it’s 54% in India.




This shows that China has  developed both the sectors of the economy whereas India is relying only on service sector and there is a need to expand and emphasize industrial sector in India.

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