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Questions
Give reasons why the tertiary sector is becoming the most important in India.
Service industry/sector in India is becoming the mainstay of the Indian economy” Comment.
Give Reasons
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Solution
- The service sector accounts for the largest share of the country’s GDP.
- The service sector in India has become extremely important not only in terms of GDP, but it is a key factor for employment generation.
- The service sector is the largest recipient of foreign direct investment in India.
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