Discussion
The Indian Economy is often described as having a "Leapfrogging" structural transition. Which of the following features best illustrates this unique characteristics?
Answer: A
The leapfrogging transition is a shift from agriculture directly to services, bypassing a massive industrialisation phase.
Most developed economies moved from agriculture to manufacturing and only later to services. India's economy jumped to services, such as information technology and finance, which became the largest contributor to GDP while manufacturing's share stayed relatively small. Economists describe this as leapfrogging the industrial stage.
The other options describe things that have not happened (100 per cent manufacturing employment, total public-sector dependence) or the opposite of the trend (a decline of the digital economy in rural areas).
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