Economics · Indian Economy Structure
Consider the following statements regarding the structural features and challenges of the Services Sector in India: 1. The Services sector is the largest contributor to India's GDP and has been a primary economic growth driver. 2. The services sector's share in total employment is significantly lower than that of the agriculture sector. 3. The formal service sector's growth pattern has often been characterized as 'jobless growth', pushing workforce absorption toward informal services. 4. While digitalization and the IT/ITeS wave solidified India as a global services hub, benefits are not uniformly distributed across the workforce. Which of the above statements are correct?
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- 4All of the above✓
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All of the above
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