Working Paper Identifying Potential Service Sub-Sectors: Insights from GVA, Exports, and Employment Data

Summary

This working paper from NITI Aayog addresses the challenge of identifying the full potential of India's service sector for economic transformation, especially considering its role in job creation and productivity growth amidst the declining employment potential of manufacturing. The approach involves a multi-dimensional analysis of various service sub-sectors based on their contribution to GVA, exports, and employment, classifying them into strategic categories for targeted policy recommendations. The study is currently in progress, providing preliminary analysis and recommendations.

Key Facts

Source Document

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