Series: IMF Working Papers
Author(s): Poonam Gupta , and James Gordon
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2004
Keywords: sectoral shares, balanced growth, splintering, liberalization, services sector, service sector, business services, services activities, industrial sector, Macroeconomics: Production
This paper analyzes the factors behind the recent growth of India's services sector. The high growth of services output in the 1990s was mostly due to the rapid expansion of communication, banking, business service...