Indira Management Review

The PDF file you selected should load here if your Web browser has a PDF reader plug-in installed (for example, a recent version of Adobe Acrobat Reader).

If you would like more information about how to print, save, and work with PDFs, Highwire Press provides a helpful Frequently Asked Questions about PDFs.

Alternatively, you can download the PDF file directly to your computer, from where it can be opened using a PDF reader. To download the PDF, click the Download link above.

Fullscreen Fullscreen Off


Adam Smith, the father of Modern Economics has stated 'services are unproductive'. But time has changed and now services are playing major role in the economy. Services sector has emerged as the fastest growing sector of the economy. Services sector is called the tertiary sector. It has become wider. Services sector includes: trade, hotels, restaurants, transport, storage, communication, finance, insurance, real estate and business services. Service sector has made structural changes in the economy. The new economic policy of 1991 was the turning point of the Indian economy. A lot of changes in the economy have been occurring due to the adoption of 'The New Economic Policy' especially, in the services sector. The current situation in India is that the growth rate of services has overtaken both agriculture and industry, and is now more than 45 per cent of the GDP.
User
Notifications
Font Size