Critical Review On Growth Of Service Sectors In Indian Context

Abstract

Presently, both the Indian economy and the global economy's largest sector is the service industry. The fastest-growing sector is this one as well. It is often referred to as the service industry or the service sector. The weaker aspects of the economy are found in the service sector. It consists of a variety of activities where people donate their time and knowledge to raise potential, performance, productivity, and sustainability. The creation of services rather than finished goods is the fundamental characteristic of this industry. Services include consideration, counsel, wisdom, and conversation. Retail, banking, hotels, real estate, education, health, social work, transportation, computer services, recreation, media, communication, electricity, gasoline, and water supply are all considered to be part of the service industry. In this article, critical review on growth of service sectors in Indian context have been discussed.