On the basis of the given data, outline and compare the share of Employment and Gross Value Added (GVA) of the sector that emerges to be a prospective employer in India and China. Sectoral Share of Employment and GDP (%) in 2021

Question

Accepted Answer

Comparison of employment and GVA share:

Data from 2018-19:

India:
- Agriculture: High employment, low GVA
- Industry: Moderate employment, moderate GVA
- Services: Low employment, high GVA

China:
- Agriculture: Moderate employment, low GVA
- Industry: High employment, high GVA
- Services: Moderate employment, high GVA

Prospective employer:
1. India: Services sector
2. China: Industry and services

Both countries need to generate employment in non-agricultural sectors for inclusive growth.