https://www.taxtmi.com/news?id=4775 India's services sector showed the largest rise in share of GDP among the top 15 countries during 2001-2011, increasing by 8.1 percentage points with a high CAGR. Services' contribution at factor cost rose to 56.5% in 2012-13 (64.8% including construction). Major sub-sectors are trade, hotels and restaurants; financing, insurance, real estate and business services; community, social and personal services; and construction. Recent annual data show varied sub-sectoral growth, including slower trade growth but higher share, strong banking and insurance growth, and steady performance in other services. en-us Wed, 27 Feb 2013 13:22:42 +0530 Wed, 27 Feb 2013 13:22:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4775 India's services sector showed the largest rise in share of GDP among the top 15 countries during 2001-2011, increasing by 8.1 percentage points with a high CAGR. Services' contribution at factor cost rose to 56.5% in 2012-13 (64.8% including construction). Major sub-sectors are trade, hotels and restaurants; financing, insurance, real estate and business services; community, social and personal services; and construction. Recent annual data show varied sub-sectoral growth, including slower trade growth but higher share, strong banking and insurance growth, and steady performance in other services. News - Wed, 27 Feb 2013 13:22:42 +0530 https://www.taxtmi.com/news?id=4775