What are the major factors responsible for the high growth of the service sector? | Learn NCERT solution | Education portal Class 11 Indian Economic Development | Study online Unit-3 Liberalisation, Privatisation and Globalisation





Q.13:- What are the major factors responsible for the high growth of the service sector?

 

Answer:-
There has been high growth of the service sector in India. There is too much demand for services because :
(a) It is more profitable to contract services from developing countries.
(b) There is easy availability of skilled manpower at lower wage rate.