What were the shares of the Agriculture, Industry, and Services sectors in overall GVA at current prices in Financial Year 2024 according to the Economic Survey 2023-24?
Detailed Explanation:
According to the Economic Survey 2023-24, the sectoral composition of GVA (Gross Value Added) at current prices for Financial Year 2024 is: Agriculture sector – 17.7%, Industry sector – 27.6%, and Services sector – 54.7%.
The Services sector remains the largest contributor to India's economy, accounting for more than half of total GVA, followed by Industry and Agriculture.
Question 3 of 9 Budget & Economic Survey
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