why is the growth of service sector not very satisfactory in terms of over all development of the country?
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The service sector makes an importantcontribution 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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- Till today 60% of the population is working in primary sector.
- Tertiary sector only employees very skilled and educated people.
- Hence job opportunities are less in this sector.
- Where as a large number of people are involved in activities like small shopkeepers, rag pickers etc.
- Therefore only a part of this sector is gaining importance.
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