A Study of Various Aspects and Impact of Service Sector on Indian Economy

T.R. Sawant

Abstract


The service sector plays an important role in Indian economy. It has covering 59 percent of shares in total GDP of

India. The pattern of the sartorial share of employment has changed over the last two decades with the share of agriculture falling and of industry and services rising steadily. Services share in employment at 28.5 per cent in 2011-12 is higher than in industry at 24.4 percent.

This paper provides an overview about the impact of rupee depreciation on service sector in India. This paper covers the information during the period of 2008-09 to 2012-13 and evaluating the performance of service sector in term GDP, Export and FDI.


Keywords


Various aspects, Exports, FDI, Indian Economy, Service Sector

Full Text:

PDF

References


ASSOCHAM (2012), ‘Rupee Exchange Depreciation: Impact Analysis’, the associated chamber of commerce and Industry of India, New Delhi, Available on, www.assocham.org.

Kavaljit Singh 2013‘Collapsing Asian Currencies? Why is the Indian Rupee Depreciating?’ available on www.globalresearch.com.

Singh, Partap (2013), ‘Depreciation of Rupee in Indian Economy: An Analysis’,International Journal of Innovations in Engineering and Technology (IJIET), Vol. 2 Issue 4 August 2013, ISSN: 2319 – 1058. Available on http://ijiet.com

Agarwal,Sumeet (2012), “Effect of devaluation of Indian currency in Indian economy” International Referred Research Journal, January, 2012, ISSN-0975-3486 , VOLIII ISSUE 28, available on www.ssmrae.com.

Kulkarni, M.S. and Anuradha P.S (2013), Impact of Rupee Volatility on the financials of the Indian IT companies’, International Journal of Advanced Research in Economics and Commerce Volume: 1 Issue: 1 , ISR Journals and Publications.

Kaur,Navleen and Sirohi, Robin (2013), ‘Effect of Rupee depreciation on Common Man’, International Journal of Scientific and Research Publications, Volume 3, Issue 10, October 2013 11 ISSN 2250-3153 available on www.ijsrp.org

http://indiabudget.nic.in/es2014-15/echapvol2-07.pdf

Economic Survey 2014-15

www.dipp.nic.in

www.planingcommission.nic.in

www.rbi.org.in


Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.