Sectors of Indian Economy

Workers in the tertiary sector do not produce goods. 

Most of the workers in the organised sector enjoy job security. 

Employment in the service sector has not increased to the same extent as production. 

A/An large proportion of labourers in India are working in the unorganised sector. 

Cotton is a/ an natural product and cloth is a manufactured product. 

The activities in primary, secondary and tertiary sectors are interdependent. 

Sectors are classified into public and private sectors on the basis of ownership of enterprise. Enterprises owned by government are classified as public sector, and privately owned enterprises by individual and companies are classified as private sector, e.g. PSU, State Bank of India are classified under public sector and Airtel, ICICI bank are private sector enterprises.

Production of a commodity mostly through natural process is an activity in the primary sector.  

The service sector, with around 52 percent contribution to the gross domestic product (GDP) in 2014-15, has made rapid strides in the past decade-and-a-half to emerge as the largest and one of the fastest-growing sectors of the economy.

Underemployment occurs when people are working less than what they are capable of doing. The full capacity and skills of people are not utilised properly.

In the year 2003, the tertiary sector emerged as the largest producing sector in India replacing the primary sector. 

In the private sector, ownership of assets and delivery of services are in the hands of private individuals or companies. 

GDP is the total value of all final goods and services produced during a particular year.

Organised sector covers those enterprises or places of work where the terms of employment are regular and therefore, people have assured work, whereas in an unorganised sector, there are no live terms of employment and workers can be asked to leave anytime.

The unorganised sector is characterised by small and scattered units which are largely outside the control of the government. In the unorganised sector, labourers and workers are exploited, paid less and made to work in unsafe conditions. Government has not been able to do much to improve their condition till now.