Wednesday, June 19, 2019

Research paper about India. ( How people make a living in india Essay

Research paper about India. ( How people make a living in india Current countrys economic status - Essay sampleIndia grows and export major food commodities such(prenominal) as rice, sugar, wheat, cotton, and vegetables. The country also produces and export animal agricultural products, which include buffalo milk, eggs, meat, and chicken. Most of Indian farmers atomic number 18 small-scale farmers who grow their crops or rear their animals on small pieces of land. However, the country has favorable climate and soils that support agricultural activities. The agricultural sector contributes about 16% of the countrys GDP and provides employment opportunity to about 50% of the total Indian population (Department of Revenue web). The agricultural sector provides employment in general to rural Indian population.The industrial sector is a major contributor to the Indian economy. Currently the sector contributes about 14% to the Indian GDP (Panagariya 453). India is know worldwide as a ma jor manufacturing country. The sector employs about 25% of the Indian population. Majority of industrial workers live in urban centers and other industrial towns that spread crosswise the country. The Indian industries ar recognized worldwide for their production of affordable and long lasting commodities. Indian industries produce products ranging from heavy duty equipment such as steel beams to light duty equipment such as bicycles. Indian industries are also involved in production of pharmaceutical products that are marketed across the globe. Currently the industrial sector is eying the booming technology sector. The industrial sector provides employment opportunity to both the skilled and unskilled labor force. In addition, the industrial sector has small-scale industries that provide opportunities to thousands of Indians. Cottage industries or home-based industries produce basic commodities for export and domestic market.Indians are known to be business people. Indian are succ essful business people who have set up businesses in many parts around the globe. The

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