Sectors of Indian Economy have witnessed unparalleled levels of financial development,

due to India's emerging economy. India, being a money-making and industry centric
economy, has gained in huge amount fro off-shoring from developed nations, and a
vigorous production and export centric sectoral outline.

Major Sectors of Indian Economy

Below is the list of some of the major Indian Economic Sectors:

1. Agricultural Sector of Indian Economy:

The agricultural sector of Indian economy is the major source of employment for around
59.4% of the nation's populace. It donates roughly one-fifth of the entire GDP (gross
domestic product) and fetches around 10% of the entire export earnings. The sector also
provides raw materials for a bigger sector of industries.

Minimal and unpredictable expansion rates along with the latest boom of agrarian
calamity in many parts of Indian geography, is not only a warning to national food
security but also to the fiscal welfare of India as a whole.

2. Commerce and Industries of Indian Economy:

Directorate of Industries & Commerce, the regulatory authority is given the
responsibilities of allowing sectoral expansion in India by offering financial support for
Infrastructure through manufacturing estates, inducements for principal Investment and
other finances. It also offers the industrialist, power, land and water, besides authorization
of financial incentives.

3. Communication and IT sector of Indian Economy:

One of the rapidly emerging sector of the Indian Industry in context of productivity and
export, Electronics and Information Technology is entirely de-licensed excluding defence
and aviation electronics. Besides the liberalization in FDI and exim plans of the nation's
fiscal structure, the sector is drawing significant interest not only as a massive market but
also as a competent manufacturing unit for global firms.

Over the past few years, 'Software Development and IT Enabled Services' have surfaced
as the prospects for India in the international affairs. The central government has
undertaken all required measures to make India an international IT superpower and a
leader in the era of information insurgency. The government has also declared
endorsement of IT as one of the top five precedence of India and has comprised a
National Task Force on IT and Software Development.

4. Finance sector of Indian Economy:

The Ministry of Finance handles the finances of the government and is concerned with all
the fiscal activities taking place in India. Some of the chief functions of the ministry are
planning authoritarian guidelines and Budget. The ministry is also delegated with the
major tasks of forming tenets, modifying pays, and other services of the government
workforces. It also has a governmental power over the Local Fund Audit department,
Directorates of National Savings department, Insurance department, etc.

5. Health & Family Welfare sector of Indian Economy:

The major concern of the Indian Government is health and well-being of the society. In
accordance to this, the government has launched several health programmes under the
authority of the Ministry of Health and Family Welfare. Additionally, the government has
released a website named Healthy India to direct Indians on upholding their health
through a balanced diet.

6. Transport sector of Indian Economy:

With the alteration in fiscal situation, aspects such as industry globalization, global
financial incorporation, elimination of economic hurdles to trade and an improved rivalry
have enhanced the transport requirements. The sector is one of the most vital
infrastructure needs which is significant for the growth prospects and plays a vital part in
construction or destructing of viable positioning.