Rise of service sector in india

service sector in india 2018

In India, a large number of people are getting viable employment by engaging themselves in various cultural activities as writers, publishers, librarians, musicians, painters, sculptors, singers, dancers, choreographers, photographers, actors etc.

However, within the service sector, the share of hotel and restaurant sub-sector declined from 2. Telecommunication is the fastest mode of communication developed in the country.

types of service sector in india

In order to meet the objective of preserving and promoting all forms of art and culture, a variety of activities are being undertaken by the Government of India. Moreover, at state level, 17 SWCs were operating a network of 1, warehouses with its aggregate storage capacity of Services growth slowed in as a result of the global recession, but the decline was less pronounced than the slowdown in merchandise export growth and has recovered rapidly in During total traffic handled at all ports at Where infrastructure development is vital for the growth of services like transport, communication, tourism etc, supply of skilled workforce is essential for the services like IT and ITeS, communication, BPO, accounting services, legal services, financial services etc.

During the six year periodgrowth in foreign tourist arrivals and foreign exchange earnings from tourism was 8. As per Mekinsey Report, the demand for affordable housing will be 38 million by In order to promote tourism, the government has taken many policy initiatives including a five year tax holiday for 2, 3 and 4 star category hotels located around UNESCO World Heritage sites except Delhi and Mumbai for hotels which starts operating w.

evolution and growth of service sector in india
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Essay on the Services Sector of India