Services Sector
- Increasing significance of services sector in the Indian economy:
- About 55 % of the total size of the economy and GVA growth.
- Two-thirds of total FDI inflows into India.
- About 38 per cent of total exports.
- More than 50 % of GVA in 15 out of the 33 states and UTs.
- Gross Value Added growth of the services sector moderated in 2019-20 as suggested by various high-frequency indicators and sectoral data such as air passenger traffic, port and shipping freight traffic, bank credit etc.
- On the bright side, FDI into services sector has witnessed a recovery in early ....
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- 1 Chapter 9: Agriculture and Food Management – Plenty of Upside Left If We Get It Right
- 2 Chapter 10: Industry - Small and Medium Matters
- 3 Chapter 11: Services - Fuelling Growth Opportunities
- 4 Chapter 12: Infrastructure – Lifting Potential Growth
- 5 Chapter 13: Climate Change and India: Why We Must Look at the Problem through Our Lens
- 6 Chapter 1: State of the Economy – Steady as She Goes
- 7 Chapter 2: Monetary Management and Financial Intermediation- Stability is the Watchword
- 8 Chapter 3: Prices and Inflation - Under Control
- 9 Chapter 4: External Sector - Stability amid Plenty
- 10 Chapter 5: Medium-Term Outlook – A Growth Strategy for New India
