SECTORAL CONTRIBUTION TO GDP PRE AND POST COVID: WITH SPECIAL REFERENCE TO NORTH-EAST INDIA
Research Scholar, Department of Economics, Rajiv Gandhi University, Arunachal Pradesh
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Indian economy is characterised by a diverse mix of economic activities related to agriculture sector, Industrial and Service Sector. From an economic point of view, Indian economy can be broadly decomposed into three major sectors: primary, secondary and tertiary sector. All these have a positive correlation with the GDP. But, the Demonetisation and Covid-19 pandemic has brought about an unprecedented crisis all over the world, with high repercussions on economic, social ,political and health dimensions. The present study is an attempt to analyse the contribution of three major sectors and its subsectors on GDP of the North Eastern States. Study is based on the secondary data collected from Official Website of Ministry of Statistics and Programme Implementation Report (MOSPI) from 2011-12 to 2020-21.This study is descriptive in nature. From this analysis it was found that from the year2012-13 to 2020-21,Arunachal Pradesh and Tripura have highest contribution of Primary Sector to GDP ;Sikkim tops in secondary sector ;Manipur and Meghalaya top in service sector contribution to GDP. Demonetization and COVID made serious impact on these states economy. So this paper is an attempt to analyse their impacts on sectoral contribution to GDP of the NE states.
Keywords: GDP, Sectors of Economy, North Eastern states,COVID19