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Saturday 15 November 2014

‘Services exports vital for economy’

Union Finance Minister Shri Arun jaitley said on Wednesday that more jobs should be created in the services sector, in addition to those in the manufacturing sector, so that large sections of the underemployed population in the agriculture sector could get meaningful employment.  He said research and development (R&D), tourism, education and healthcare services had the potential to lead exports growth in the services sector. Exports from the sector were important as they compensated for the deficit in merchandise exports created as India imported more goods that it exported. 
  The Minister said the government was making efforts to raise the share of the manufacturing sector in the GDP from 15 per cent to 25 per cent. 
The Hindu

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