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A Multisectoral Pattern of Economic Growth: Important Issues

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India, China and Globalization
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Abstract

The phrase ‘service-led growth’ has been used rather frequently in the post-liberalization era of the India’s economy. A wide range of estimates corroborate that the contribution of the service sector has been increasing and steadily so over the last decade and a half. Concomitantly, there has been an increased usage of inputs of the service sector during liberalization. As mentioned in earlier chapters, it is a widely acknowledged fact that some of the country’s cutting-edge core competences in the spheres of finance and information technology emanate from the service sector.

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© 2007 Piya Mahtaney

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Mahtaney, P. (2007). A Multisectoral Pattern of Economic Growth: Important Issues. In: India, China and Globalization. Palgrave Macmillan, London. https://doi.org/10.1057/9780230591547_7

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