GROWING PROSPECTIVE OF SERVICES INDUSTRY IN AND ROUND INDIA
Journal Title: International Journal of Physical and Social Sciences (IJPSS) - Year 2011, Vol 1, Issue 3
Abstract
The service sector is evolving. Services sector has been particularly important for India. This paper focuses on the major growing prospective for India‟s services sector. In the beginning, the paper dwells briefly on the importance of services for India in terms of GDP growth. The paper then directly examines the current scenario of services market. Domestic policy issues cover many areas like FDI. FDI related policy measures include putting the FDI policy on the website in a user friendly way and opening atleast some segments of insurance sector like health Market access issues include domestic regulations, subsidies and other barriers in India‟s major markets which deny market access for India‟s services exports. By evaluating the performance of services sector we can identify its importance and the major issues in services sector. In the Executive Summary and Conclusion the important reforms which need to be initiated and implemented in the short run are listed. The paper concludes that immediate and time-bound reforms in the services sector could not only help in attaining India‟s targeted GDP growth rates, but also give a fillip to growth and exports of this services-led-economy.
Authors and Affiliations
Ms. G. E. BARKAVI, Mr. M. MARUTHA DURAI
Keywords
Related Articles
- EP ID EP41511
- DOI -
- Views 409
- Downloads 0
PEDAGOGICAL ANALYSIS OF ENGLISH LANGUAGE TEACHING
This paper challenges the stereotypical portrayal of English Language teaching of all .By analyzing the pedagogy of a 'traditional' teacher. The paper starts by distinguishing between 'pedagogy'-the teacher's personal...
Impact of Fluctuations in Inventory Prices on Cost Flow and Product Costing
Efficient product costing is much emphasized in today’s manufacturing environment because of their importance in management decisions. Product costs need to be as accurate as possible. If the costs are not accurate, pr...
NATURE OF JOB AND OCCUPATIONAL STRESS: A STUDY OF WORKERS OF AN INDUSTRY
The study examined the effect of nature of job (High risk / low risk) on occupational stress of 200 workers of Tata Motors Ltd, in Jamshedpur. These workers were divided on the basis of nature of job (high / low risk)...
Farmers’ OpiniOn tOwards the Agriculture Schemes: A case study of Sirsa District
The aim of the present study is to analyze the farmers opinion towards the agricultural schemes rum by government of India and state government in Sirsa District. This study is a survey based, primarily, on the enumera...
The Stairs of Make In India Through Geographical Indications- An Analytical Approach
Make in India is an initiative launched by the Government of India to attract businesses around the world to invest and manufacture in India. Make in India aims to encourage the production of goods within the country...