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Nidhi Bangera

The service sector is also called the tertiary
sector.
The basic characteristic of this sector is the
production of services instead of end
products.
Service sector produces the products which
are know as services.
Service Sector

SERVICE INDUSTRY
 Telecommunication
 Hospitality industry/Tourism
 Mass media
 Healthcare/hospitals
 Public health
 Information technology
 Wholesale and Trade
 Transportation
 Education
 Government services
 Financial services
 Banking
 Insurance
 Investment management
 FMCG
 Professional services
 Accountancy
 Legal services
 Management consulting
 Consulting
 Retail sales
 Real estate

Service sector share

• Play School and Pre School Education
• Elementary Education
• Secondary Education
• Higher Education
• Vocational Education
Education sector in India

 10 public and 10 private educational institutions were
made world-class
 A scheme of Rs 500 crore was introduced for promoting
entrepreneurship among SC/ST
 A digital repository was initiated for school leaving
certificates and diplomas
 Rs 1,000 crore budget was provided for higher education
financing
 Rs 1,700 crore was provided for 1500 multi-skill
development centers
Highlights of budget 2016-17

 62 new navodaya vidyalayas was created to provide
quality education
 A digital literacy scheme was launched for covering six
crore additional rural households
 The National Skill Development Mission was initiated to
impart training to 76 lakh youth
 Entrepreneurship training was provided across schools and
colleges along with massive online courses
 Sarva Shiksha Abhiyan was introduced to increase focus
on quality of education
Continue…

The Finance Minister offered to set up an
Innovation Fund in Secondary Education with
special focus on 3479 educationally backward
blocks.
Introducing a national ranking and accreditation
system- the colleges will be identified based on
accreditation and ranking, and given autonomous
status to increase focus towards Quality
Education.
Education Budget 2017-18

 The introduction of 350 virtual courses on the Swayam
Platform to promote digital education and reach out to the
youth.
 The Ministry also proposed the setting up of a National
Testing Agency for all Entrance Exams.
 In respect of Skill Development government also set aside
4000 crores towards SANKALP program for Skill
Development for training of 1 crore youth.
 No further measures were introduced in terms of
Education Loan
Continue….

 To provide an appreciable cut to the education
sector in order to lay a stronger foundation for our
youth.
To provide technology-enabled education to the
students of our nation.
 To clarify further on the RTE payments which
can ensure strict enforcement of rules at every
level.
Education sector expectations

 To improve the rural education system and work in
tandem with the Digital India programme that is
designed to provide broadband highways, universal
access to mobile connectivity, public internet access
programme, e-governance etc. to overcome the
hurdles for holistic development of every sector.
 To digitalize every classroom and provides modern
education to the youth. To fulfill this vision, we will
go hand in hand in ushering a digital revolution in
every classroom of the country.
Continue…


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Budget 2017 18 and service sector (education)

  • 2.  The service sector is also called the tertiary sector. The basic characteristic of this sector is the production of services instead of end products. Service sector produces the products which are know as services. Service Sector
  • 3.  SERVICE INDUSTRY  Telecommunication  Hospitality industry/Tourism  Mass media  Healthcare/hospitals  Public health  Information technology  Wholesale and Trade  Transportation  Education  Government services  Financial services  Banking  Insurance  Investment management  FMCG  Professional services  Accountancy  Legal services  Management consulting  Consulting  Retail sales  Real estate
  • 5.  • Play School and Pre School Education • Elementary Education • Secondary Education • Higher Education • Vocational Education Education sector in India
  • 6.   10 public and 10 private educational institutions were made world-class  A scheme of Rs 500 crore was introduced for promoting entrepreneurship among SC/ST  A digital repository was initiated for school leaving certificates and diplomas  Rs 1,000 crore budget was provided for higher education financing  Rs 1,700 crore was provided for 1500 multi-skill development centers Highlights of budget 2016-17
  • 7.   62 new navodaya vidyalayas was created to provide quality education  A digital literacy scheme was launched for covering six crore additional rural households  The National Skill Development Mission was initiated to impart training to 76 lakh youth  Entrepreneurship training was provided across schools and colleges along with massive online courses  Sarva Shiksha Abhiyan was introduced to increase focus on quality of education Continue…
  • 8.  The Finance Minister offered to set up an Innovation Fund in Secondary Education with special focus on 3479 educationally backward blocks. Introducing a national ranking and accreditation system- the colleges will be identified based on accreditation and ranking, and given autonomous status to increase focus towards Quality Education. Education Budget 2017-18
  • 9.   The introduction of 350 virtual courses on the Swayam Platform to promote digital education and reach out to the youth.  The Ministry also proposed the setting up of a National Testing Agency for all Entrance Exams.  In respect of Skill Development government also set aside 4000 crores towards SANKALP program for Skill Development for training of 1 crore youth.  No further measures were introduced in terms of Education Loan Continue….
  • 10.   To provide an appreciable cut to the education sector in order to lay a stronger foundation for our youth. To provide technology-enabled education to the students of our nation.  To clarify further on the RTE payments which can ensure strict enforcement of rules at every level. Education sector expectations
  • 11.   To improve the rural education system and work in tandem with the Digital India programme that is designed to provide broadband highways, universal access to mobile connectivity, public internet access programme, e-governance etc. to overcome the hurdles for holistic development of every sector.  To digitalize every classroom and provides modern education to the youth. To fulfill this vision, we will go hand in hand in ushering a digital revolution in every classroom of the country. Continue…
  • 12.