Interview Preparation Exam > Interview Preparation Notes > Guesstimates > Estimate the number of people employed in the Indian IT sector
Estimate the number of people employed in the Indian IT sector | Guesstimates - Interview Preparation PDF Download
To estimate the number of people employed in the Indian IT sector, we can follow these steps:
1. Estimate the total workforce in India
As of 2021, India's population is approximately 1.38 billion. Assuming that around 65% of the population is between the working age group of 15-64 years, we have around 897 million people in the working age group. However, not everyone in this age group is employed or seeking employment. As of 2021, India's labor force participation rate is around 50%. So, the total workforce in India is approximately 449 million (897 million * 0.50).
2. Estimate the percentage of the workforce employed in the services sector
India has a diverse economy consisting of agriculture, industry, and services sectors. The services sector is the largest employer, contributing to more than half of the country's employment. According to the International Labour Organization (ILO), around 32% of the total workforce in India is employed in the services sector, which translates to approximately 144 million people (449 million * 0.32).
3. Estimate the percentage of the services sector workforce employed in the IT sector
The IT sector is a subset of the services sector, which also includes industries such as finance, healthcare, retail, and hospitality. According to NASSCOM, the IT sector contributes around 7.7% of India's GDP in 2020. Assuming that the IT sector's employment share is proportional to the GDP contribution, we can estimate that 7.7% of the services sector workforce is employed in the IT sector. This translates to approximately 11 million people (144 million * 0.077).
4. Account for potential discrepancies
It is essential to keep in mind that these calculations are based on assumptions and approximations. The actual number of people employed in the Indian IT sector might be slightly different due to factors such as varying labor force participation rates, underemployment, and other economic factors that may impact the IT sector directly or indirectly.
So, based on the guesstimate approach, we can estimate that around 11 million people are employed in the Indian IT sector.
The document Estimate the number of people employed in the Indian IT sector | Guesstimates - Interview Preparation is a part of the Interview Preparation Course Guesstimates.
All you need of Interview Preparation at this link: Interview Preparation
|
20 docs
|
Related Exams
About this Document
|
Nov 05, 2024 Last updated |
Document Description: Estimate the number of people employed in the Indian IT sector for Interview Preparation 2024 is part of Guesstimates preparation.
The notes and questions for Estimate the number of people employed in the Indian IT sector have been prepared according to the Interview Preparation exam syllabus. Information about Estimate the number of people employed in the Indian IT sector covers topics
like 1. Estimate the total workforce in India, 2. Estimate the percentage of the workforce employed in the services sector, 3. Estimate the percentage of the services sector workforce employed in the IT sector, 4. Account for potential discrepancies and Estimate the number of people employed in the Indian IT sector Example, for Interview Preparation 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for Estimate the number of people employed in the Indian IT sector.
Introduction of Estimate the number of people employed in the Indian IT sector in English is available as part of our Guesstimates
for Interview Preparation & Estimate the number of people employed in the Indian IT sector in Hindi for Guesstimates course.
Download more important topics related with notes, lectures and mock test series for Interview Preparation
Exam by signing up for free. Interview Preparation: Estimate the number of people employed in the Indian IT sector | Guesstimates - Interview Preparation
Description
Full syllabus notes, lecture & questions for Estimate the number of people employed in the Indian IT sector | Guesstimates - Interview Preparation - Interview Preparation | Plus excerises question with solution to help you revise complete syllabus for Guesstimates | Best notes, free PDF download
Information about Estimate the number of people employed in the Indian IT sector
In this doc you can find the meaning of Estimate the number of people employed in the Indian IT sector defined & explained in the simplest way possible. Besides explaining types of
Estimate the number of people employed in the Indian IT sector theory, EduRev gives you an ample number of questions to practice Estimate the number of people employed in the Indian IT sector tests, examples and also practice Interview Preparation
tests
|
Explore Courses for Interview Preparation exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
video lectures
,Viva Questions
,shortcuts and tricks
,Exam
,Semester Notes
,Estimate the number of people employed in the Indian IT sector | Guesstimates - Interview Preparation
,Summary
,Extra Questions
,Important questions
,Estimate the number of people employed in the Indian IT sector | Guesstimates - Interview Preparation
,Objective type Questions
,MCQs
,Previous Year Questions with Solutions
,mock tests for examination
,study material
,past year papers
,ppt
,Estimate the number of people employed in the Indian IT sector | Guesstimates - Interview Preparation
,practice quizzes
,Sample Paper
,Free
;
Additional Information about Estimate the number of people employed in the Indian IT sector for Interview Preparation Preparation
Estimate the number of people employed in the Indian IT sector Free PDF Download
The Estimate the number of people employed in the Indian IT sector is an invaluable resource that delves deep into the core of the Interview Preparation exam.
These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective.
With the help of these notes, you can grasp complex subjects quickly, revise important points easily,
and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner,
allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material,
or toppers' notes, this PDF has got you covered. Download the Estimate the number of people employed in the Indian IT sector now and kickstart your journey towards success in the Interview Preparation exam.
Importance of Estimate the number of people employed in the Indian IT sector
The importance of Estimate the number of people employed in the Indian IT sector cannot be overstated, especially for Interview Preparation aspirants.
This document holds the key to success in the Interview Preparation exam.
It offers a detailed understanding of the concept, providing invaluable insights into the topic.
By knowing the concepts well in advance, students can plan their preparation effectively.
Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.
Estimate the number of people employed in the Indian IT sector Notes
Estimate the number of people employed in the Indian IT sector Notes offer in-depth insights into the specific topic to help you master it with ease.
This comprehensive document covers all aspects related to Estimate the number of people employed in the Indian IT sector.
It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation.
Practice papers and question papers enable you to assess your progress effectively.
Additionally, the paper analysis provides valuable tips for tackling the exam strategically.
Access to Toppers' notes gives you an edge in understanding complex concepts.
Whether you're a beginner or aiming for advanced proficiency, Estimate the number of people employed in the Indian IT sector Notes on EduRev are your ultimate resource for success.
Estimate the number of people employed in the Indian IT sector Interview Preparation Questions
The "Estimate the number of people employed in the Indian IT sector Interview Preparation Questions" guide is a valuable resource for all aspiring students preparing for the
Interview Preparation exam. It focuses on providing a wide range of practice questions to help students gauge
their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation.
The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level.
Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.
Study Estimate the number of people employed in the Indian IT sector on the App
Students of Interview Preparation can study Estimate the number of people employed in the Indian IT sector alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Estimate the number of people employed in the Indian IT sector,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Estimate the number of people employed in the Indian IT sector is prepared as per the latest Interview Preparation syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup