UGC Approved Journal no 63975(19)

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Published in:

Volume 4 Issue 3
March-2017
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1703105


Registration ID:
508496

Page Number

603-613

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Title

ISSUES AND CHALLENGES OF SERVICES SECTOR IN INDIAN ECONOMY

Abstract

ABSTRACT India's Provider region is one of the maximum critical sectors globally, contributing up to 60 consistent with percent of the country’s GDP. The SSE employs almost 50 lakh people in over a 1000000 companies. In truth, with the aid of 2016, approximately 57 consistent with cent of all new jobs would be created within conventional service-primarily based firms. It has maintained a dominant presence in almost all sectors and generated a sizeable portion of employment possibilities inside the united states of america. But each successful agency is an idea, handiest if it transforms into growth and motion.the total contribution of the service sector in GDP (at steady prices), which includes alternate, hotels, transportation, garage, and communications, banking, coverage, real property, community, and personal services, but now not creation, extended from 28.five in step with cent in 1950-fifty one to 31.8 in keeping with cent in 1970-seventy one, and finally to 51.three in step with cent in 2015-16.however, the overall contribution of the provider region in GDP, excluding creation, climbed fast from 30.5 in keeping with cent in 1950-fifty one to 50.8 consistent with cent in 2010-eleven. and then to fifty five.7 in line with percent in 2011-12 at issue cost (at cutting-edge prices). If creation is covered, the offerings sector's percentage of GDP has climbed from 56.8 according to cent in 2000-01 to 59.6 percent in 2014-15.

Key Words

Key Phrases: G-Globally,E-Establishments, E-Employment,C-Communications,B-Buildings

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"ISSUES AND CHALLENGES OF SERVICES SECTOR IN INDIAN ECONOMY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.4, Issue 3, page no.603-613, March-2017, Available :http://www.jetir.org/papers/JETIR1703105.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"ISSUES AND CHALLENGES OF SERVICES SECTOR IN INDIAN ECONOMY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.4, Issue 3, page no. pp603-613, March-2017, Available at : http://www.jetir.org/papers/JETIR1703105.pdf

Publication Details

Published Paper ID: JETIR1703105
Registration ID: 508496
Published In: Volume 4 | Issue 3 | Year March-2017
DOI (Digital Object Identifier):
Page No: 603-613
Country: Barabanki, Uttar Pradesh, India .
Area: Arts
ISSN Number: 2349-5162
Publisher: IJ Publication


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