Structural Changes and Role of Service Sector in Indian Economy

Structural changes refer to change in the structure of the economy. As the economy grows, its production structure shifts from agriculture to industrial and then to service sector. Indiäs growth experience does not seem to follow this theory. As the high growth and high share of service sector which is a feature of a developed economy has been attained by India even before reaching a developed stage. This book is the birds¿ eye view on the development of all three sectors of the Indian economy especially tertiary sector. It throws light on the role of different sub-sectors in determining the production structure of Indian economy with the help of available data. The backward and forward linkages of service sector with the help of most advanced statistical techniques have been analyzed. It will help the researchers to understand the growth and development of all three major sectors of the Indian economy before and after liberalization period.