Explain the rising importance of tertiary sector in India.
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The rising importance of the tertiary sector in India:
1. India is still a developing country, and in this level, it is mainly important to have a well-established system of education and health in the nation, supplied by this country. It is the responsibility of the government to provide such services. Tertiary sectors are helpful in this.
2. It helps to create a big number of employment opportunities in different areas.
3. With the increase in income, especially in urban areas, the demand for certain services such as professional training, communication, tourism, etc. arises.
- The tertiary sector is one of the sector in three sectors of the economy the other two are the primary sector and the secondary sector. It provides services (intangible).
- The major focal point is the agreement with customers and not producing physical goods. It includes many facilities such as transport, banking, trade, communication, etc.
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