GOVERNMENT OF INDIA

MINISTRY OF PLANNING

LOK SABHA

UNSTARRED QUESTION NO: 295

ANSWERED ON:24.02.2010

ECONOMIC GROWTH

(a) the details of progress made in the economy of the country compared to that of China;

(b) the average estimated contribution of services, Agriculture and Industrial sectors in the gross domestic products (annual growth rat

(e) of the country compared to that of China; and

(c) the percentage of people employed in these sectors, sector-wise in the country?

ANSWER

 MINISTER OF STATE IN THE MINISTRY OF PLANNING AND MINISTER OF STATE IN THE MINISTRY OF PARLIAMENTARY AFFAIRS (SHRI V. NARAYANASAMY)

(a) & (b): As per the World Development Indicators database of World Bank, 2009, the annual growth rate of Gross Domestic Product (GDP) in India was 7.1 percent for the year 2008 as against 9 percent for China. The contribution of agriculture, industrial and services sectors as percentage of GDP in India for the year 2008 is estimated to be at 18%, 29% and 53% respectively as compared to 11%, 49% and 40% respectively of that of China.

(c): As per the latest quinquennial survey (61st Round) on Employment and Unemployment by National Sample Survey Organization (NSSO) for 2004-05, the share of employment in agriculture sector, industrial sector and services sector was estimated to be 52.1%, 19.5% and 28.4% respectively.