Explain the growing importance of the service sector in India. (2024)

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Instructions:
Mention that it provides support to other sectors.
Solution:

Service sector has become important in India because:

  1. Services such as transportation, storage, and communication are needed for the development of the primary and secondary sector.
  2. Basic services like schools, hospitals, administrative and accounting are needed for the development of the economy.
  3. Post globalisation, there is a rapid need for IT services.

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Explain the growing importance of the service sector in India. (2024)
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