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According to the Annual Report 2019-20 of the Ministry of Textiles, India's textile industry contributes what percentage to the industry output, in value terms?
18%
15%
6%
7%
7%
This is a factual data retrieval question from the Ministry of Textiles Annual Report 2019-20. Recall that the sector accounts for approximately 7% of India's industrial output.
Ministry of Textiles Annual Report 2019-20, focusing on the textile industry contribution to total industry output in India.
ContributiontextileтАЛ=Valuetotal_industryтАЛValuetextileтАЛтАЛ├Ч100
This is a factual data retrieval question from the Ministry of Textiles Annual Report 2019-20. Recall that the sector accounts for approximately 7% of India's industrial output.
Many students confuse the textile industry's contribution to 'industrial output' (7%) with its contribution to 'total GDP' (which is approximately 2%).
Reference Data Identification
The Ministry of Textiles Annual Report 2019-20 officially states the economic impact of the textile and apparel industry.
Contribution=7%
Verification of Context
According to the report, the textile industry contributes about 7% to industry output in value terms, 2% to India's GDP, and 12% to the country's export earnings.
Value=7%
D is correct because the Ministry of Textiles Annual Report 2019-20 explicitly cites 7% as the contribution of the textile industry to industrial output in value terms.
For competitive exams, always differentiate between GDP contribution (~2%) and industrial output contribution (~7%) for the textile sector, as examiners often swap these to trap candidates.