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Kerala PSC Indian Economy Book Study Materials Page 297
Book's First Page10 10.1 Chapter ervi es e tor ServiceS Sector India’s dynamic services sector has grown rapidly in the last decade with almost 72.4 per cent of the growth in India’s GDP in 2014–15 coming from this sector. Unlike other developing economies, the Indian growth story has been led by services-sector growth which is now in double digits.* In This Chapter... Introduction Global Negotiations India and Global Services Restrictions and Regulations Research and Development (R&D) Services The Need for Reforms Space Services Outlining Future Manufacturing vs. Services * Ministry of Finance, Economic Survey 2014–15, Vol. 2 (New Delhi: Government of India, 2015), p. 106.