Which of the following sectors holds the highest share in terms of Gross Value Added (GVA) in the Indian economy?

💡 Solution & Explanation

The tertiary sector encompassing services like trade, transport, communication, and finance accounts for over half of India's Gross Value Added. The primary sector involving agriculture and allied activities along with the secondary sector involving manufacturing contribute smaller shares to the overall output. This structural composition is a key feature of developing economies transitioning toward service-led growth. Economic surveys published annually by the Ministry of Finance provide detailed sectoral breakdown data.