26. How does the growth of service sector promote the overall growth of our country?explain.
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Service sector provides finance, marketing, transport, insurance for the development of the agriculture sector. The expansion of service sector activities boost the secondary sector activities as well. ... Service sector can play a major role in reducing inequalities in the distribution of income in the economy.
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Several factors have contributed to the growth of this sector in India. These include growing affluence, improving status of women, growth of IT sector, development of markets, health care consciousness, opening up of the economy etc.
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