SECTORS OF THE INDIAN ECONOMY

INTERDISCIPLINARY PROJECT

Introduction Primary Sector Secondary Sector Tertiary Sector Trend in the sectors Graphical Representation Analysis Chemistry In Industrial Sector (extraction of i

ron)

Contents

Introduction

Tertiary Sector(services)

Secondary sector(production of goods)industries

Primary sector(basic production)Agriculture,forestry,mining,fishery

When the economic activity depends mainly on exploitation of natural resources

Agriculture and agriculture related activities are the primary sectors of economy.

Primary Sector

The main activity involves manufacturing

All industrial production where physical goods are produced come under the secondary sector

Secondary Sector

When the activity involves providing intangible goods like services

Financial services, management consultancy, telephony and IT

are good examples of service sector.

Tertiary sector

Trend in the Sectors

Food

production became

surplus

Need for other products increased

Secondary sector grew

due to

industria

l revolutio

n

Support system was needed to

facilitate industria

l activity

Hence Tertiary

sector was

formed

1973 20030

50000

100000

150000

200000

250000

Tertiary sectorSecondary sectorPrimary sector

GDP share in the country

Rupees(in Crores)

1973 20030%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Tertiary sectorSecondary sectorPrimary sector

10%

15 % 22%

18%

60%

Share of Employment

75 %

Analysis

The first graph shows the rupee wise turnover of various sectors in 1973 and 2003.

It shows a massive increase in turnover for all these sectors in a duration 20 years, which shows the way our economy grew.

The second graph paints a distressing picture. The share in providing employment was not in tune with

the share in GDP. The agriculture provided employment to 75% workers and

this decreased to 60% in 2003, which is not as big a drop as agriculture’s drop in GDP contribution

On the other hand the growth in employment provided by other two sectors was substantially low.

Majority of people are still employed in agricultural activities

As agriculture provides seasonal employment during cropping season so chances of hidden employment are big

A developed nation’s dependency shifts from primary sector towards tertiary sector in all aspects of economic development, so it can be said that India is still way behind because majority still depend on agriculture.

Secondary and Tertiary Sector have failed to generate enough employment opportunities making a pressure on primary sector.

The meaning of this finding is as follows….

Extraction of Iron

CHEMISTRY

The extraction of iron starts in a blast furnace

•Hematite + Coke + limestone are added to the blast furnace

•Hot air is pumped in

•Oxygen in the air reacts with coke = carbon dioxide O2 + C = CO2

•Limestone decomposes to form Calcium Oxide andCO2

CaCO3 = Cao + CO2

•CO2 reacts with coke to form carbon monoxide CO2 + 2C = 2CO

•CO reduces Iron Oxide to pure Iron and Is oxidized to form CO2

Fe2O3 + 3CO = 2Fe + 3CO2

•Calcium oxide reacts with impurities like silica from hematite to form slag

CO2

Iron

Slag

PowerPoint Presentation by

Achintya TewariRavi TejaMihir BenipuriKaran SinghAdithya SireeshSahil PunjabiPratham Baheti

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