why tertiary sector becoming so important in india
Answers
Explanation:
tertiary sector is becoming so important in India because as today in Modern Times people want to avoid more and more services RC also know that the tertiary sector is also known as a service sector so it is becoming more important in India
Tertiary sector has become important in India because :
(i) Basic services like hospitals, education, post and telegraph, courts, etc. are the responsibility of the government in developing countries.
(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.
(iv) Rapid growth of services sector also benefitted from external demand such as software industry and call centre services.
(v) Liberalisation of financial sector provided an environment for faster growth of financial services.