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Under MGNREGA 2005, failure to provide employment attracted an unemployment allowance.
Total employment = 2,000 × 100 = 2,00,000 worker-days.
Public-sector projects often require large investment and provide essential facilities for society.
In the public sector, the government owns most of the assets and is responsible for providing the service.
Private-sector activities are owned by private individuals or companies and are generally guided by the motive of earning profit.
The public sector is not operated solely for profit and can provide essential services for public welfare.
Total investment = ₹500 crore + ₹300 crore + ₹200 crore = ₹1,000 crore.
Private-sector activities are generally profit-oriented, whereas the public sector may undertake activities for wider social and economic needs.
Organised workers = 15,00,000 − 11,00,000 = 4,00,000. Percentage = 4,00,000 ÷ 15,00,000 × 100 ≈ 26.67%.
The chapter shows that the tertiary sector can contribute the most to GDP/GVA while the primary sector continues to employ the largest number of workers.
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