Download or read book At Your Service written by Gaurav Nayyar and published by World Bank Publications. This book was released on 2021-10-18 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Manufacturing-led development has provided the traditional model for creating jobs and prosperity. But in the past three decades the conventional pattern of structural transformation has changed, with the services sector growing faster than the manufacturing sector. This raises critical questions about the ability of developing economies to close productivity gaps with advanced economies and to create good jobs for more people. At Your Service? The Promise of Services-Led Development (www.worldbank.org/services-led-development) assesses the scope of a services-driven development model and policy directions that can maximize the model’s potential.

Download or read book The Service Sector in India s Development written by Gaurav Nayyar and published by Cambridge University Press. This book was released on 2012-05-28 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: A striking aspect of India's recent growth has been the dynamism of its services sector. In 2010, it accounted for 57 percent of the country's GDP and 25 percent of its total employment. The results do not conform to the growth experience of currently industrialized countries or other developing economies. Is the increasing share of the service sector in India's total output simply notional, as several activities that were earlier classified in the industrial sector are now subsumed in services' value added, or because the relative price of services has increased over time? No. The sector's growth is real - it is linked to household final demand, policy reforms and increased service exports. Is this service-led growth process sustainable? That remains an open question because the service sector is highly heterogeneous, ranging from software services and business process outsourcing to wholesale and retail trade and personal services. These subsectors vary considerably in the context of different economic characteristics that are important for development.

Download or read book The Service Sector in India s Development written by Gaurav Nayyar and published by . This book was released on 2012 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: A striking aspect of India's recent growth has been the dynamism of its services sector. In 2010, it accounted for 57 percent of the country's GDP and 25 percent of its total employment. The results do not conform to the growth experience of currently industrialized countries or other developing economies. Is the increasing share of the service sector in India's total output simply notional, as several activities that were earlier classified in the industrial sector are now subsumed in services' value added, or because the relative price of services has increased over time? No. The sector's growth is real, Ai it is linked to household final demand, policy reforms and increased service exports. Is this service-led growth process sustainable? That remains an open question because the service sector is highly heterogeneous, ranging from software services and business process outsourcing to wholesale and retail trade and personal services. These subsectors vary considerably in the context of different economic characteristics that are important for development.

Download or read book Deciphering India s Services Sector Growth written by Shashanka Bhide and published by Routledge Chapman & Hall. This book was released on 2023-09-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses a range of issues on the 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.

Download or read book Service Sector in Indian Economy written by Talluru Sreenivas and published by Discovery Publishing House. This book was released on 2006 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents: Emerging India: Challenges and Opportunities, Human Rights Education, Elementary Education in India: Now and Then, Secondary Education in India, Nonviolence: A Tool for Promoting Tolerance in Schools, Towards Improving Quality of Higher Education, Quality Culture and Academic Governance, Challenges in Professional Education in Emerging India, Management Education: Reflections on the Needs of Industry, Healthcare in India Strategies for Globalization, Marketing of Integrated Health Care Unit: A Study, Marketing of Hospital Services in India, Total Quality Management in Hospitals, Ethics and Values: A Study of Health Care Services, Biomedical Waste Management, Marketing Practices in Corporate Hospitals: An Appraisal, Prospects of Herbal Formulation and Export Potential, Developed India: Role of the Service Sector, Emergence of Service Era and Service Quality, Managing Insurance Services in the New Millennium, Insurance Services in India.

Download or read book Deciphering India s Services Sector Growth written by Shashanka Bhide and published by Taylor & Francis. This book was released on 2020-11-18 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Services Sector in India written by Arumugam Vijayakumar and published by . This book was released on 2008 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book India s Economy in the 21st Century written by Raj Kapila and published by Academic Foundation. This book was released on 2002 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Second Revised And Enlarged Edition: 2002 Provides A Good Insight Into The Current State Of Indian Economy, Highlighting The Challenges Of The Growth Process And Opportunities Covering The Areas Of The Economy, Banking And Finance, Agriculture, Industry And Infrastructure And The External Sectory.

Download or read book Enhancing the Performance of the Services Sector written by OECD and published by OECD Publishing. This book was released on 2005-06-08 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: The services sector now accounts for over 70% of employment and value added in OECD economies. It also accounts for almost all employment growth in the OECD area. But despite its growing weight in OECD economies, productivity growth and employment ...

Download or read book The Service Sector in India s Development written by Gaurav Nayyar and published by Cambridge University Press. This book was released on 2012-05-28 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the Indian service sector's heterogeneity. Unlike the few other books in the area, this analysis uses hitherto unutilized data bases, more rigorous methods, and examines some unexplored questions.

Download or read book Emerging Services Sector and Inclusiveness written by Pralok Gupta and published by Cambridge Scholars Publishing. This book was released on 2015-09-18 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Service Industries and Regions written by Juan R. Cuadrado-Roura and published by Springer. This book was released on 2015-04-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The service sector in most advanced economies accounts for up to seventy percent of employment and GDP and, given its growing importance, has received much research attention over the last two decades. However, not very much attention has been paid to the relationship between this sector and both its territorial impact and regional effects. The main objective of this book is to offer a comprehensive approach to these aspects, focusing particularly on the location factors of service industries and the importance of some specific services, such as business services and knowledge and information services. The contributions have been prepared by well-known experts in the field from a wide number of countries. The focus of all contributions is not only on theoretical aspects, but also provides empirical analyses on specific countries and topics such as the geographical concentration, globalization impacts, foreign direct investments, and innovation.

Download or read book Unshackling India written by Ajay Chhibber and published by HarperCollins. This book was released on 2021-11-29 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: As India enters its seventy-fifth year of independence, conventional policy is unlikely to combat the breadth of its economic challenges. Across a range of areas-human capital, technology, agriculture, finance, trade, public service delivery and more-new ideas must now be on the table. The COVID-19 pandemic has not only cost India many lives and livelihoods, it has also exposed major structural weaknesses in the economy. A huge farm and jobs crisis, rising and massive inequalities, tepid investment growth, and chronic banking sector challenges have plagued the economy, exacerbated by the COVID-19 pandemic. It has also exposed the limitations of the Indian state, which tries to control too much-and ends up stifling the economy and the inherent energies of its young population. Climate change is no longer a distant threat, while disruptive technology has huge implications for India's demographic dividend. In addition, the dangerous lurch towards majoritarianism will cast its shadow on India's pursuit of prosperity for all. Unshackling India examines the question: Can India use the next twenty-five years, when it will reach the hundredth year of independence, to restructure not only its economy but rejuvenate its democratic energy and unshackle its potential-to become a genuinely developed economy by 2047? The book argues that India can foster a prosperous and inclusive economy if it sets its mind to it, acknowledges the hard truths, and lays out the clear choices and new ideas India must adopt towards that end.

Download or read book Indian Economy Reforms and Development written by Pradip Kumar Biswas and published by Springer. This book was released on 2019-08-09 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book presents a comprehensive study of the impact of policy reforms on output, employment, and productivity growth across sectors of India since 1991. It showcases varied responses from different sectors as they faced different degrees of policy interventions, and challenges or opportunities as regards markets, technology, and availability of skills and other complementary resources. The book also discusses the contributions of the service sector on India’s GDP and employment. The book throws light on the phenomena of rising inequality and persistent poverty which continues to shadow and be a hallmark of post-reform India, despite high economic growth. It underlines the failure of these reforms to bring about major change in social and economic organizations and institutions. The book’s contents stress on the criticality of addressing these issues as they have a serious potential of jeopardizing the country’s ability to maintain high growth momentum. With these pertinent topics, the book would be of interest not only to the research community, but also to policy makers and practitioners of various sectors addressed here.

Download or read book India as a Model for Global Development written by Mahmoud Masaeli and published by Cambridge Scholars Publishing. This book was released on 2018-10-11 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: India is an emerging market economy, and has been more successful than most other emerging economies. Key to this success are India’s ancient legacy of consensus democracy, non-violence, multi-culturality, tolerance, secularism, and the practical simplicity of economic life inspired by Mahatma Gandhi. Also, vital to India’s present economy is the history of the country since the struggle for Independence began in 1857. India has followed a strikingly distinct route of development from other emerging economies such as South Korea, China, Malaysia, Brazil, and Mexico. While these countries concentrated on manufacturing and exports, India grounded its economy on an integrative domestic system of life. This model is marked by interesting and gradual, but constant, growth with an emphasis on services. Reforms in land-agricultural system, political governance, and financial management have led to a landmark stage of economic progress, with India’s GDP rate higher than many emerging market economies. This volume explores the reasons why India has fared better than other emerging market economies, and whether other countries can take inspiration from this model and rebuild their own countries based on their national resources, cultural heritage, and the capacity to interact globally.

Download or read book Service Sector and India s Economic Development Opportunities Challenges and Policy Issues written by V. Basil Hans and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: While economic growth has historically been associated with rise in national incomes of the economies, economic development is related to the structural changes that either precede or accompany or succeed the 'rise'. The most common structural changes that have been observed and documented is a sequence of shift in occupational and production structures, essentially from agriculture to industry and then to services. The theory of development progression by Clark, Fisher, and Kuznets is along these lines. In India too sectoral changes are clearly visible. But there is an apparent deviation from the general trend: the share of agriculture and allied sectors in national income and employment have slowly and steadily declined but the absorption of the surplus/migrant labour force of the primary sector is taking place in the tertiary (service) sector. Historically, for economic take-off, manufacturing sector was relied upon. But for a labour- surplus economy the pace and solace was soon found in the services sector - trading, transportation and communication, financial, real estate and business services, community, social and personal services. In alignment with the global trends, Indian service sector has witnessed a major boom and is one of the major contributors to both employment and national income in recent times: (more than 55% share in GDP and 10% annual growth). Post-liberalisation, our economy has moved from agriculture-based economy to a knowledge-based thanks to the IT industry and ITES industry in the service sector. Media and entertainment have also seen tremendous growth in the past few years. Despite the visible dynamism of the invisibles, the sector has problems of disorganisation. It faces challenges of 'balance' vis-à-vis industry and agriculture and 'sustainability'.In this background, the present paper - based on secondary data - focuses on the growth and problems of India's service sector. It examines the major policy issues like domestic policy issues, domestic regulations and market access issues. A modest attempt is also made to find out the prospects/potential for growth in this sector, and the areas to be explored for further academic analysis.

Download or read book Structural Change and Economic Development written by Norman Gemmell and published by Palgrave Macmillan. This book was released on 1986-08-11 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Structural change, economic development, service sector, case study, Egypt - public sector, private sector, tax system and financing of public services, economic growth, employment. Bibliography, graphs, statistical tables.