Saturday, May 11, 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 ExampleIndia grows and export major victuals commodities such as rice, sugar, wheat, cotton, and vegetables. The country also produces and export animal agricultural products, which include buffalo milk, eggs, meat, and chicken. some of Indian farmers are small-scale farmers who grow their crops or rear their animals on small pieces of land. However, the country has complaisant climate and soils that support agricultural activities. The agricultural area contributes about 16% of the countrys gross domestic product and houses meshing opportunity to about 50% of the total Indian population (Department of Revenue web). The agricultural sector provides employment mainly 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 known worldwide as a major ma nufacturing country. The sector employs about 25% of the Indian population. Majority of industrial workers live in urban centers and other industrial towns that spread across the country. The Indian industries are recognized worldwide for their production of low-cost and long lasting commodities. Indian industries produce products ranging from heavy duty equipment such as steel beams to trip 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 line of credit people. Indian are success ful business people who have set up businesses in galore(postnominal) parts around the globe. The

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