A STUDY ON IMPACT AND IMPORTANCE OF SECONDARY SECTOR ON ECONOMIC DEVELOPMENT ACROSS JHARKHAND

Abstract

The industrial sector has a multi-faceted role in the growth and development of Jharkhand. Industrial development unleashes dynamic and competitive economic performance which generates income and employment, facilitates international trade and increases resource efficiency, and is thus a major driver of poverty alleviation and shared prosperity. The industrial sector contributes a share of 42% of its total gross state value added for the year 2019-20. This study has to analysed the impact and importance of secondary sector on economic development across Jharkhand state.