Economics (NCERT) Notes

10.1 Comparison of Economies of India with its Neighbour

Sectoral Growth


• China was able to raise its rate of growth during 1980–2015, while India and Pakistan stagnated with its service sector growth.


• China’s growth is mainly contributed by the manufacturing and service sectors and India’s growth by the service sector.


• During this period, Pakistan has shown deceleration in all three sectors.


 


Trends in Output Growth in Different Sectors, 1980–2015


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