NCERT Solutions for Class 10 Social Science
Important NCERT Questions
Class 10 Social Science
NCERT Books Extra Questions for Session 2022-2023
CBSE Board
“The tertiary sector is not playing any significant role in the development of Indian economy.’’ Do you agree? Give reasons in support of your answer.
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“The tertiary sector is not playing any significant role in the development of Indian economy” is partially correct. During the period between 1973 and 2003, the production in the tertiary sector has increased to the extent that it has emerged as the largest producing sector in India replacing the primary sector. It has more share in GDP than other sectors. There are several reasons for such a share in GDP as mentioned below:
(i) Basic services i.e., hospitals, educational institutions, post and telegraph services, defence, banks etc. are being provided by the government in the developing countries.
(ii) The development of agriculture (primary sector) and industry (secondary sector) has led to development of services such as transport, trade and storage etc. in the tertiary sector.
(iii) Rise in income levels of the people has led to increase in their demands for more tourism facilities, shopping, better hospitals. Shopping malls, modern hospitals in big and metropolitan cities are examples of these services.
(iv) The rise of new services based on information and communication technology have become necessary in life. This has increased the importance of tertiary sector. However, the share of tertiary sector in employment has not increased in proportion to its increase in production. There are limited number of services that employ highly skilled and educated. workers. Avery large number of workers such as shopkeepers, repair workers barely manage to earn a living. They do not have any alternative opportunities for work. Thus, only a part of this sector is growing in importance. Not enough jobs have been created in the tertiary sector.
“The tertiary sector is not playing any significant role in the development of Indian economy” is partially correct. During the period between 1973 and 2003, the production in the tertiary sector has increased to the extent that it has emerged as the largest producing sector in India replacing the primary sector. it has more share in GDP than other sectors. There are several reasons for such a share in GDP as mentioned below :
(i) Basic services 1.e, hospitals, educational institutions, post and telegraph services, defence, banks etc. are being provided by the government in the developing countries.
(ii) The development of agriculture (primary sector) and industry (secondary sector) has led to development of services such as transport, trade and storage etc. in the tertiary sector.
(iii) Rise in income levels of the people has led to increase in their demands for more tourism facilities, shopping, better hospitals. Shopping malls, modern. Hospitals in big and metropolitan cities are examples of these services.
(iv) The rise new services based on information and communication technology have become necessary in life. This has increased the importance of tertiary service.
However, inspite of this, the tertiary sector is not playing any significant role in the development of Indian economy due to the following factors:
(a) The share of tertiary sector in employment has not increased in proportion to its Increase in production. In 2000, the prediction in service sector rose by 11 times, whereas employment has risen less than three times. Therefore, still more than half of the workers in the country are working in the primary sector.
(b) There are limited number of services that employ highly skilled and educated workers A very large number of worker such as shopkeepers, repair workers barely manage to earn a living. They do not have any alternative opportunities for work.
Significant Role of the Tertiary Sector in India’s Economic Development:
1. Employment Generation: Provides substantial employment opportunities, absorbing a significant portion of the workforce.
2. GDP Contribution: Contributes significantly to India’s Gross Domestic Product (GDP), indicating its economic importance.
3. Foreign Exchange Earnings: Service industries like IT, tourism, and healthcare contribute to foreign exchange reserves through exports.
4. Technological Advancements: IT and software services have positioned India as a global technology hub, attracting foreign investments and fostering innovation.
5. Economic Transformation: Shifted India from an agrarian-based to a diversified, service-oriented economy.
6. Quality of Life Improvement: Services like healthcare and education have enhanced living standards and human development indices.
7. Urbanization Contribution: Growth of service sectors has spurred urban development and associated infrastructure.
These aspects collectively highlight the pivotal role played by the tertiary sector in India’s economic growth and development.