MADATSST

&
MUKUND INGLE

PRESENT
Mr. Mukund B. Ingle

SECTORS OF INDIAN ECONOMY

 PRIMARY SECTOR
▪ Activities which use naturally available thing as it is
called ‘primary activities’.
▪ Ex.: Agriculture, Mining, Animal Husbandry, dairy,
Forestry etc
▪ It is also called as agriculture sector
 SECONDARY SECTOR

▪ Raw material is processed into finished goods

▪ All industries come in the category of this sector
▪ It is also called as industrial sector
 TERTIARY SECTOR
▪ Nothing is produced in this activities
▪ They provide services
▪ They help for the development of primary and
secondary sector
▪ Ex. Shops, Communication, Transportation, banking,
defense etc
GROSS DOMESTIC PRODUCT
 Gross Domestic Products: “A value of all final goods
and services produced in all three sector in particular period
of time is called Gross Domestic Products.”
 A value of final goods is calculated not intermediate goods.
 It is done every year by Finance dept. of India with the help
of NSSO, Statistics Dept. and States and Union territories
Departments.
 It is the indicator of how big economy is.
 HISTORICAL CHANGES
 Initial Stage all developed countries depended upon
Primary Sector more.
 Entry of Secondary sector changed the production style
and speed
 People stared demanding more and more goods
 This demand only led to the growth of Tertiary Sector
 Now, we can see that all developed countries have
tertiary sector leading the highest amount in their GDP.
Why Tertiary got more Importance?

 Basic Services
 Growth of Primary and Secondary Sector
 Increase in Income
 Growth of IT sector
 Globalization and Urbanization
 UNEMPLOYMENT
 When people don’t get job according to their eligibility is
called Unemployment.
 There are two types of Unemployment:
Under Unemployment/Disguised Seasonal Unemployment
Employment
More people working than the Getting job for particular seasons or period
requirement so, they work less than their of the year and remain unemployed for rest
potential of the period
Rural Area ex. Entire Family working in the Small land owners who work only for rainy
farm seasons
Urban Area: ex. Casual workers who don’t
get job according to their potential
ROLE OF GOVERNMENT IN GENERATING
EMPLOYMENT

 Develop Education and Health sector

 Develop infrastructure in Rural area
 Provide cheap credit/loan
 Develop Tourism
 Promote Industries in Urban as well as Rural area
 Launching project like NREGA
 ORGANIZED SECTOR
▪ The terms of employment are regular
▪ Formal procedures and process is practiced
▪ Security of employment
▪ Regular wages Fixed working hours
▪ Other benefits i.e. paid leave, payment during holiday,
PF, gratuity etc
▪ Medical Benefits
UNORGANIZED SECTOR
▪ Outside of control of Government
▪ Rules and regulations are not followed
▪ Low and irregular wages
▪ No provisions of paid leave, medical leave etc
▪ Not secure
How to Protect the Unorganized Sector
Workers?

▪ By making the laws

▪ Such as the Factories Act
▪ Minimum Wages Act
▪ Making PF and Gratuity compulsory to unorganized
sector
▪ By providing guarantee of job
▪ Timings of job/Work.
 PUBLIC SECTOR

▪ Controlled and managed by govt.

▪ It’s organized
▪ Work for the welfare of the society
▪ Reasonable costing
▪ Ex. Railway, Post etc
 PRIVATE SECTOR
▪ Controlled and managed by individual or group of people
▪ It’s unorganized.
▪ Work for profit
▪ More costing
▪ Ex. TATA, Reliance, WIPRO etc
PUBLIC ACTIVITIES/ FACILITIES

 Activities done for the welfare of the people

 Such as roads construction, dams, electricity, health and
education facilities etc
 Govt. invests huge amount in this
 These are basic requirements of all rich and poor
 Cost should be less as everybody should avail
 Important for the quality Human Resource
THANK YOU