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Author: Arumugam Vijayakumar Publisher: ISBN: Category : Business & Economics Languages : en Pages : 272
Book Description
ABOUT THE BOOK Since the early 1990s, the growth process in India has been marked by a remarkable performance of services sector. The experience of developed countries suggests that growth of services sector followed the growth of industrial sector. However, India?s experience in this regard is somewhat different. The sectoral shift in favour of services sector over the last two decades has taken place in the face of an almost stagnant share of industry and a reduced share of agriculture in GDP. In fact, it was the growth performance of the services sector during the 1990s which sustained the overall growth of the Indian economy, particularly in times of adverse agricultural shocks and industrial slowdown. While software exports are a well-known success story, India is now an important venue for many tasks in services such as financial accounting, call centres, processing insurance claims, and medical transcription. The future potential of growth in these areas appears to be considerable. This book explains recent policy measures by the Government of India to make India?s services sector internationally competitive. The book focuses on the following services: financial services, IT and IT-enabled services, retail trading services, healthcare services, insurance services, educational services, transport and communication services, and tourism. It also includes a chapter on taxation of services in India.
Author: Arumugam Vijayakumar Publisher: ISBN: Category : Business & Economics Languages : en Pages : 272
Book Description
ABOUT THE BOOK Since the early 1990s, the growth process in India has been marked by a remarkable performance of services sector. The experience of developed countries suggests that growth of services sector followed the growth of industrial sector. However, India?s experience in this regard is somewhat different. The sectoral shift in favour of services sector over the last two decades has taken place in the face of an almost stagnant share of industry and a reduced share of agriculture in GDP. In fact, it was the growth performance of the services sector during the 1990s which sustained the overall growth of the Indian economy, particularly in times of adverse agricultural shocks and industrial slowdown. While software exports are a well-known success story, India is now an important venue for many tasks in services such as financial accounting, call centres, processing insurance claims, and medical transcription. The future potential of growth in these areas appears to be considerable. This book explains recent policy measures by the Government of India to make India?s services sector internationally competitive. The book focuses on the following services: financial services, IT and IT-enabled services, retail trading services, healthcare services, insurance services, educational services, transport and communication services, and tourism. It also includes a chapter on taxation of services in India.
Author: Shashanka Bhide Publisher: Taylor & Francis ISBN: 100022239X Category : Business & Economics Languages : en Pages : 255
Book Description
This book addresses a range of issues relating to the nature and implications of growth of India’s services sector, including factors contributing to the rise of services, output measurement and heterogeneity, growth of services exports, and employment in services sectors. From service tax, exchange rate and services exports, policy interest, employment potential and diversity of the sector to challenges in financial inclusion, trajectories of ICT services and contribution of education to GDP, it brings together diverse themes to highlight major concerns in the wake of the prominent role that services have played in placing India among the fast-growing economies in the world in recent years. The services sector in India accounts for more than 60 per cent of the GDP of the country and 28.6 per cent of its employed across government, private or state corporations and non-government organisations. The volume explores whether the services sector (beyond agriculture and industry) holds the promise of fulfilling the benefits from India’s demographic dividend for its economic transformation through sustainable growth. With key empirical analyses of household, enterprise and macroeconomic data for India within both formal and informal sectors, this topical book will be useful to scholars and researchers of economics, Indian economy, political economy, development economics, development studies, public policy and South Asian studies and also to development professionals, policy makers and industry specialists.
Author: Pralok Gupta Publisher: Cambridge Scholars Publishing ISBN: 1443882925 Category : Business & Economics Languages : en Pages : 210
Book Description
The services sector has emerged as the most dynamic and important sector in India in the post-liberalization era. It has increased its contribution to the Indian economy not only in terms of GDP, but also in exports. However, one area where the services sector has not yet contributed significantly is employment creation. This has raised questions regarding the inclusivity of India’s services sector-led growth story. This book is a collection of papers devoted to understanding and analysing the role of the services sector in GDP, trade and inclusive growth in the Indian economy. These contributions examine specific issues related to the services sector in India, such as employment, trade cycles, foreign direct investment, and migration, and also analyse sector specific issues in selected services like retail, insurance, IT-BPO and aviation.
Author: Expert Group on the Commercialisation of Infrastructure Projects (India) Publisher: ISBN: Category : Capital investments Languages : en Pages :
Author: OECD Publisher: OECD Publishing ISBN: 9264823514 Category : Languages : en Pages : 146
Book Description
India has been a growth champion in recent years and has succeeded in taming inflation, the current account deficit and non-performing loans. India's participation in the global economy has risen, with outstanding performances in some services, while the largest diaspora in the world is an asset in developing new markets. India has also lifted many millions of people out of poverty and has made access to housing for all a priority. Ambitious structural reforms -- including better targeted household support, financial inclusion initiatives, the implementation of the Goods and Services Tax, the Insolvency and Bankruptcy Code, the new approach to federalism and the corporate income tax reform -- have played a key role.
Author: Montek Singh Ahluwalia Publisher: ISBN: 9789353338213 Category : Fiction Languages : en Pages : 466
Book Description
Tracing the spectacular trajectory of Ahluwalia's life from its humble beginnings in Secunderabad to the corridors of power in New Delhi, this book is a classic insider's account of how the India story was shaped and script Ahluwalia played a key role in the transformation of India from a state-run to a market-based economy, and remained a constant fixture at the top of India's economic policy establishment for an unprecedented period of three decades.
Author: Arumugam Vijayakumar
Author: Arumugam Vijayakumar
Author: Shashanka Bhide
Author: Alan Gledhill
Author: Great Britain. Department of Trade and Industry. Overseas Trade Division 4
Author: Pralok Gupta
Author: P. Jegadish Gandhi
Author: Expert Group on the Commercialisation of Infrastructure Projects (India)
Author: OECD
Author: Rajat Kanta Ray
Author: Montek Singh Ahluwalia