Economics · Economy
What is the status of the Indian agricultural sector regarding workforce engagement and its contribution to national Gross Value Added (GVA) / GDP?
- 1It acts as the largest employer, engaging around 45-55% of the workforce while contributing a lower percentage to GDP.✓
- 2It employs 30-40% of the workforce while maintaining a fixed 25% share in GDP.
- 3It is the smallest employer in the country, with a rapidly increasing share in GDP.
- 4It engages 17-18% of the workforce and contributes 55-60% to GDP.
Correct answer
It acts as the largest employer, engaging around 45-55% of the workforce while contributing a lower percentage to GDP.
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