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service sector in india

service sector in india

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  • or u can send me the ppt plz i need it for my collage
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  • plz allow to download it plz plz plz
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  • can you please send me the ppt?
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  • nice pppt
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  • good,how can it help in finance sector?
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Service sectors ppt Service sectors ppt Presentation Transcript

  • Service SectorsContribution to Indian GDP
  • Services A type of economic activity that is intangible, is not stored and does not result in ownership. A service is consumed at the point of sale. Services are one of the two key components of economics, the other being goods.
  • Various types of Service
  • GDP Gross domestic product (GDP) refers to the market value of all final goods and services produced within a country in a given period. GDP per capita is often considered an indicator of a countrys standard of living.
  • Contribution of Service Sector
  • Service Sector in India• 55.2 per cent share in gross domestic product (GDP) in 2009-2010• Growth by 10 per cent annually (2009-2010)• Contributing to about a quarter of total employment• Accounting for a high share in foreign direct investment (FDI) inflows and over one-third of total exports• Recording very fast (27.4 per cent) export growth through the first half of 2010-11 [Source: indiabudget.nic.in]
  • Comparative growth of Various Sectors
  • Important Services in India• Trade, Hotels and restaurants• Transport, Storage and Communication• Banking and Insurance, Business Service and Real Estate• Community, Social and Personal Service Source: Central Statistics Office
  • Services: Classified (Source: EUKLEMS)
  • Contribution of Various Services to TotalService Sector
  • Analysis• Contribution towards GDP: ▫ Trade, Hotels and Restaurants decrease by 0.6% ▫ Transport, storage and Communication has remained the same ▫ Financing, real estate, insurance and business service increased by 0.6% ▫ Community, social and personal service increased by 1.1%• Group II & III ▫ Communication contributes the highest in the service sector growth followed by Business service, Education and Health, Banking and Hotels• Group I ▫ Trade contributes the highest followed by Public Administration and defense and Transport
  • Conclusion• Service Sector is growing at a very fast rate compared to any other sector• Contribution towards GDP and employment rate is also significantly high• Thus, the importance of service sector
  • Thank You