Service sector employment in India- an overview

The service sector is a division of the economy, which includes employee and employer of business who produce service rather than goods. The service sector is a major and vital force which covers a variety of activities from the primitive information technology to the services of the barber and the plumber. It is evident that when the country started to develop the expansion of output in manufacturing goods, it had to pave the way for service sector. Once the goods are manufactured, the manufacturing sector takes the back seat, giving way to the service sector in terms of output and employment (India Budget, 2012–13).This comprises of hospital, retail, education, information technology, utilities, transport services and so on (UK essay, 2015). In the worldwide trend, Indian service sector has gained a significant growth. It serves as the major contributor to the economic development and creating employment opportunities. The Indian service sector economy has also contributed to the world economic growth. The paper attempted to analyses the trend in service sector employment in varies industries.