Sectors in The Economy
A fiscal year in Karnataka begins on April 1 of the previous calendar year and ends on March 31 of the year with which it is numbered. The different entities that contribute to the economy are broadly classified into three sectors:
- Primary: consisting of Agriculture, Animal husbandry, Forestry, Logging and Fishing.
- Secondary: consisting of Mining, Quarrying, Manufacturing, Construction, Electricity, Gas and Water supply.
- Tertiary: consisting of Transport, Education, Storage, Communication, Trade, Hotel, Restaurant, Banking, Insurance, Real Estate, Business Services, Public Administration and other services.
The contribution of primary, secondary and tertiary sectors to Karnataka's GSDP in the year 2006-2007 has been 19.2%, 26.2% and 54.6% respectively.
Read more about this topic: Economy Of Karnataka
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