DMPQ-The growth of Indian economy since 1991 reforms can be described as the service sector led economic growth. Analyze its major impacts on the Indian Economy? Do you think that service sector led growth is sustainable in the long run? Give reasons with statistical support?
The period 2000-2010 was a golden period for growth of services in India, one of rapid services-led economic growth in India; the economy grew at an average annual rate of 7.2 per cent, and around 63 per cent of this growth came from growth of services. Such growth leads to a belief that India is … Read more