Industrialization in India has similarities and dissimilarities with the industrialization in the western world. Let us first look at the dissimilarities.
- In the western countries, most people work in the service sector. The next is industry. Only 10% work in the agricultural sector.
- But in India, 60% of the people work in the agricultural and mining sector. 17% work in the construction sector. The remaining work in the industry, transport, and finance sector. This is the position according to the 1999- 2000 statistics.
If we look into the income generated by these sectors we find. that although 60% of the population work in the agricultural sector, its contribution to national economy is very little. This is not at all a good thing. Another difference between developed nations and developing nations like India is the difference in the number of permanent employees. In the developed nations, the majority of people are officially employed. But in India, more than 50% of the people are self- employed. Only 14% are permanent employees. 30% are temporary workers.
