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Impact Of Service Sector On Recession
Essay specific features


Written by:
Phillip B
Date added:
March 17, 2013
Level:
University
Grade:
A
No of pages / words:
4 / 918
Was viewed:
5235 times
Essay content:
Community and personal services
Public administration and defense
Other services
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...
displayed 300 characters
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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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