Question

Which sector has been highlighted as a significant contributor to job creation in India, according to the Economic Survey 2024?

• A. Private sector
• B. Foreign investments
• C. Government sector
• D. Agricultural sector

Answer 1

Answer:

A. Private sector

According to the Economic Survey 2024, the private sector has been highlighted as a significant contributor to job creation in India. As per the Survey, the global economy exhibited steady yet uneven growth across regions in 2024. A notable trend was the slowdown in global manufacturing, especially in Europe and parts of Asia, due to supply chain disruptions and weak external demand. In contrast, the services sector performed better, supporting growth in many economies. Inflationary pressures eased in most economies. However, services inflation has remained persistent, notes the Survey.