Title: Impact Of Service Sector On Recession
|Date:||August 5, 2010|
|Length:||4 / 918|
|No of views:||0|
|Essay rating:||good 0, average 0, bad 0 (total score: 0)|
Community and personal services
Public administration and defense
Today in India, service sector alone contributes more than half of its GDP. According to financial year 2007-08, share of service sector is about 55.1 % i.e. more than industry sector (26.4%) and agriculture sector (18...
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more than industry sector (26.4%) and agriculture sector (18.5%). The service sector now accounts for more than half the GDP marks a turning point in the evolution of the Indian economy and takes it closer to the essentials of a developed economy.
There was marked increase in rate of services sector’s growth in the eighties and nineties...
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