What are the main reasons for the highest increase in GDP in this sector comparison to other sectors.?
Answers
Answer:
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Explanation:
NEW DELHI: India’s economy grew at its slowest pace in over six years in the June quarter following a sharp deceleration in consumer demand and tepid investment. The government has already announced a series of measures in the past week as part of its efforts to put growth back on track.
Gross domestic product (GDP) grew 5% in the first quarter of FY20, data released by the government showed, marking the slowest growth since the fourth quarter of FY13. GDP growth was 8% in the year-earl ..
The service sector makes an important contribution to GDP in most countries, providing jobs, inputs and public services for the economy. Trade in services can improve economic performance and provide a range of traditional and new export opportunities.
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