Question
Consider the following statement about the growth of
Core sector? I. There are eight sectors that are considered the core sectors. II. The eight industries have a combined share of 40.27 per cent in the Index of Industrial Production (IIP). III. Telecom sector is also the part of eight core sector. Which of the above statement is/are not correct?Solution
In India, there are eight sectors that are considered the core sectors. The eight-core sectors of the Indian economy are electricity, steel, refinery products, crude oil, coal, cement, natural gas and fertilizers. The eight industries have a combined share of 40.27 per cent in the Index of Industrial Production (IIP).
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