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Article Name : | | CONTRIBUTION OF SERVICE SECTOR IN THE ECONOMIC DEVELOPMENT OF MAHARASHTRA | Author Name : | | Pravin Pundlik Rajguru | Publisher : | | Ashok Yakkaldevi | Article Series No. : | | GRT-5197 | Article URL : | | | Author Profile View PDF In browser | Abstract : | | Overview of Indian Service Sector - India’s services sector expanded quickly with double-digit growth in the second half of the 2000s. As the Euro-zone crisis has worsened, growth has slowed, though the sector is still growing at a much higher rate than the other two sectors of the economy. The services sector covers a wide array of activities ranging from services provided by the most sophisticated sectors like telecommunications, satellite mapping, and computer software to simple services like performed by the barber, the carpenter, and the plumber; highly capital-intensive activities like civil aviation and shipping to employment-oriented activities like tourism, real estate, and housing; infrastructure-related activities like railways, roadways, and ports to social sector related activities like health and education. Thus, there is no one-size–fits- all definition of services resulting in some overlapping and some borderline inclusions. | Keywords : | | |
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