why is tertary sector becoming important in india ? explain
Answers
Answer:
Tertiary sector has become important in India because :
(ii) Demand for services such as transport, trade, storage will increase with the development of primary and secondary sectors. (iii) Demand for tourism, shopping, private schools, private hospitals, etc. increases with the increase in the level of income.
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Tertiary sector is becoming very important in an Indian economy. The reasons are as follows:
=> (i) Basic services like education, healthcare, banking, postal service, police stations and courts are required in a developing country like India, which are mostly taken care of by the government.
=> (ii) Development of agriculture and industry has led to the requirement of services like transport, trade, storage etc.
=> (iii) When income levels rise, people start demanding more services like eating out, tourism, shopping, private hospitals, private schools, professional training etc.