GOVERNMENT
OF INDIA
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GOVERNMENT
OF INDIA
Change in composition of GDP for major sectors of the economy such as Agriculture & Allied Services, Industry, Mining & Quarrying and Services during the period 1950-51 to 2011-12 is presented in the chart.
After 1950-51, for more than a decade, share of services in GDP was around 30 per cent, overtime the share of services sector in GDP has increased while that of agriculture has declined. In the last decade, the share of services has surpassed the combined share of agriculture and industry, making it the most important contributor to the country’s output.
In 2011-12, Contribution to GDP of Agriculture sector was 14%, Mining & Quarrying was 2.06%, Industry was 27.5% while that of Services sector was 58%.
