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Economics · 2023 · 4 marks
Comparative Development Experiences of India and its NeighboursGross Domestic Product and Sectors4 marksAnalyseshort answer
CBSE 2023 · Region 4 · Set 1 · Q30
From the data given below, compare and contrast India’s and China’s sectoral contribution towards GVA / GDP. Sectoral Contribution to GVA / GDP (in…
From the data given below, compare and contrast India’s and China’s sectoral contribution towards GVA / GDP.Sectoral Contribution to GVA / GDP (in %) ($\displaystyle 2018$ – $\displaystyle 19$)
| Sector | India | China |
| Agriculture | $\displaystyle 16$ | $\displaystyle 7$ |
| Industry | $\displaystyle 30$ | $\displaystyle 41$ |
| Services | $\displaystyle 54$ | $\displaystyle 52$ |
| Total | $\displaystyle 100$ | $\displaystyle 100$ |
Marking-scheme solution
In both nations, the contribution of the agricultural sector to GDP is the least of the three sectors. Whereas; the service sector is the highest contributor to GDP in both nations.The contribution of the agriculture sector to the GDP in India stands at $\displaystyle 16$% which is approximately more than double of China, i.e. $\displaystyle 7$%.In China, the contribution of the industrial sector ($\displaystyle 41$%) is way ahead of India ($\displaystyle 30$%), owing to technological upliftment and rapid industrial growth in China in the 1970s.The service sector contributes more than half to the GDP in both India ($\displaystyle 54$%) and China ($\displaystyle 52$%) indicating the scale of economic growth in the two nations.
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