Tag «Service Sector»

Economic Survey: India Has Second Fastest Growing Service Sector

  India ranked 12th in terms of services GDP among the world’s top 15 countries. India has the second fastest growing services sector with its CAGR at 9.0 per cent, just below China. The growth rate of the combined category of trade, hotels, restaurants, transport, storage, and communications decelerated to 3.0 per cent. Financing, insurance, real estate, …

There is A need to Revive investment in Manufacturing and Service Sector in Order to Create higher job Opportunities: FM

Union Finance Minister Shri P .Chidambaram said that there is a need to revive investment in manufacturing and service sector in order to create higher job opportunities. The Finance Minister said that at present, the economy is passing through a difficult phase mainly due to external factors and, therefore, there is immediate need to tide …