700,000 Jobs but Only 1.75% GDP Contribution – Understanding the Productivity Gap of India’s Mining Sector
Introduction: A Puzzle of Progress India’s mining sector is a study in contradictions. On paper, it employs over 700,000 people and fuels 11% of the country’s industrial output. Yet, it contributes a meager 1.75% to India’s GDP—a figure dwarfed by sectors like IT (8%) and agriculture (15%). To put this in perspective, Australia’s mining sector, […]