Shri B.V.R. Subrahmanyam, CEO, NITI Aayog, has launched two inaugural reports under the Services Thematic Series in the presence of Dr. Arvind Virmani, Member, NITI Aayog, and Dr. V. Anantha Nageswaran, Chief Economic Adviser, Government of India. The event was attended by senior officials from Central and State Governments, representatives from industry associations and members of academia. These Reports are one of the first dedicated assessments of the services sector from the macro lens of output and employment, going beyond aggregate trends to present disaggregated and state-level profiles.
The first report is – “India’s Services Sector: Insights from GVA Trends and State-Level Dynamics”. This report examines national and state-level trends to understand how services-led growth is unfolding across regions and whether states with lower initial shares in services are catching up with more advanced ones, an important indicator of balanced regional development.
The other report is – “India’s Services Sector: Insights from Employment trends and State-Level Dynamics”. This report analyses services sector employment to present a multi-dimensional profile of India’s services workforce across sub-sectors, gender, regions, education, and occupations. It goes beyond aggregate trends to reveal the sector’s dual character: modern, high-productivity segments that are globally competitive yet limited in employment intensity, and traditional segments that absorb large numbers of workers but remain predominantly informal and low-paying.
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