Largest Contributor To GDP By 2014-15, Communication Sector: NCAER Study
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Largest contributor to GDP by 2014-15, Communication sector: NCAER Study

Research Analyst

NationalCouncil of Applied Economic Research (NCAER) said in its recent study'Economic Impact of the Communication Sector in India' that thecommunication sector is predicted to emerge as the single largestsector of India's economy, with a 15.4 per cent share, equivalent to Rs8,65,031 crore, of GDP by 2014-15.

Thecommunication sectors share of the total GDP has increased from 0.7 percent in the 1980s and one per cent in the 1990s to 3.6 per cent during2001-08. In 2007-08, the sector accounted for 5.7 per cent of GDP. Thesector's ranking in terms of contribution to total GDP has moved from17 in 1980-81 to eight in 2007-08 and is further expected to surpassall other sectors by 2014-15, assuming that all other sectors grow atan average growth rate observed during 2001-08.

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