Economics • Economic BasicsEasy
What primary structural transformation has been observed in Haryana's sectoral composition of Gross State Value Added over the past three decades?
A. Decline in the share of agriculture and simultaneous rise in the share of services and secondary manufacturing✓ Correct Answer
B. Complete elimination of the secondary sector and absolute dominance of primary agriculture
C. Stagnation of all economic sectors at identical growth rates matching national averages
D. Sudden collapse of the tertiary sector accompanied by explosive growth in traditional cottage handicrafts
💡 Solution & Explanation
Haryana has transitioned from a predominantly agrarian economy into a diversified industrial and service-oriented state, mirroring broader national structural changes where the tertiary and secondary sectors now contribute the lions share of Gross State Value Added. Traditional agriculture, though modernized through the Green Revolution, now accounts for a smaller relative percentage of total economic output compared to services and manufacturing hubs around the National Capital Region. The tertiary sector encompasses trade, hotels, transport, and financial services which drive modern urban employment.
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