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Mar 3, 2022 · The GVA ‘measures economic activity from the supply side by looking at the value added by different sectors of the economy’. The share of the primary sector – agriculture, forestry, fishing and mining and quarrying – has declined from 28 per cent in FY 12 to 23.3 per cent in FY 21.
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Finance Department Govt. of Jharkhand
All the major sectors and sub-sectors of the economy have experienced an impressive growth in the period 2011-12 to 2015-16. In this period, agriculture and allied sectors grew at a compound annual rate (CAGR) of 5.23 percent, industry by 7.20 percent and the service sector by 10.63 percent. The state, in 2016-17 has
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Among the three major sectors (primary, secondary and tertiary) of the state's economy, the tertiary sector grew at the fastest rate between 2011-12 and 2019-20. The primary sector grew at an average annual rate (CAGR) of 9.1 percent and the secondary sector at 6.3 per cent, with the tertiary sector growing at 7.7 per cent during this period.
Mar 8, 2022 · Jharkhand’s Economy GSDP: For 2020-21, Jharkhand’s GSDP (at constant prices) is estimated to decrease by 5%. This is lesser than the contraction in GDP (of 6.6%) at the national level in 2020-21. Sectors: In 2020-21, agriculture, manufacturing, and services sectors contributed 23%, 33%, and 44% to the state’s economy respectively.