Introduction to IT and ITeS

  1. The Information Technology (IT) and IT-enabled Services (ITeS) industries are among the fastest-growing sectors in India.
  2. These industries encompass software development, business process outsourcing (BPO), data analytics, and cloud computing.
  3. India is recognized as a global hub for IT services and outsourcing.

Key Statistics

  1. The IT and ITeS sector contributes approximately 8% to India’s GDP.
  2. Employs over 4.5 m

Introduction to the Services Sector

  1. The services sector is a key contributor to India's economy, encompassing activities like trade, finance, real estate, IT, healthcare, and education.
  2. It is often referred to as the tertiary sector as it supports primary (agriculture) and secondary (industry) sectors.
  3. The services sector in India has witnessed rapid growth since the economic reforms of 1991.

Role in GDP

  1. The services sector contributes over 50% to India’s Gross D

Importance of Infrastructure Development

  1. Infrastructure serves as the backbone of economic growth and development.
  2. Facilitates industrial growth, trade, and investment by providing essential services.
  3. Improves the quality of life by ensuring access to power, transport, and communication.
  4. Enhances productivity and efficiency across various economic sectors.
  5. Boosts connectivity, enabling regional integration and balanced development.
  6. Promotes employ

Role of MSMEs in the Economy

  1. MSMEs are the backbone of the Indian economy, contributing significantly to GDP and employment.
  2. They account for approximately 30% of India’s GDP and nearly 50% of exports.
  3. Provide employment to over 110 million people across various sectors.
  4. Promote entrepreneurship and innovation at grassroots levels.
  5. Support the development of rural and semi-urban areas through industrial growth.
  6. Contribute

The National Food Security Mission (NFSM) is a flagship scheme launched by the Government of India to increase the production of key food grains, ensuring food security and addressing the challenges of hunger and malnutrition.

The PM Kisan Samman Nidhi is a central sector scheme launched by the Government of India to provide financial support to small and marginal farmers. It aims to ensure income stability and support the agricultural community in meeting their needs.

Crop insurance schemes in India are designed to provide financial protection to farmers against crop losses due to natural calamities, pests, and diseases. These schemes aim to ensure income stability, encourage investments in agriculture, and promote modern farming practices.

The Second Green Revolution in India focuses on increasing agricultural productivity with a focus on sustainability, inclusive growth, and technological innovation. Unlike the first Green Revolution, this movement aims to address environmental concerns, promote climate-resilient farming, and ensure food and nutritional security for a growing population.

The Green Revolution was a transformative period in Indian agriculture during the mid-20th century, aimed at increasing food grain production through the use of modern techniques. It significantly impacted India's agricultural landscape but also brought challenges and limitations.

Agriculture is a cornerstone of the Indian economy, yet it faces numerous challenges that hinder its growth and sustainability. Key issues such as land reforms, low productivity, inadequate irrigation, and inefficient subsidies remain critical concerns for policymakers and stakeholders.