In 2015 and in 2017, India has become world's fastest growing major economy surpassing China. It has also become the … third-largest country of the world in terms of ‘GDP by purchasing power parity (PPP)'. This stunning performance of India …, Privatisation and Globalisation' (LPG) policies, has drawn attention of the world economists. The question is: Has India followed an …

is along these lines. In India too sectoral changes are clearly visible. But there is an apparent deviation from the … present paper – based on secondary data – focuses on the growth and problems of India's service sector. It examines the major …

The experience of India in economic catch-up is unique when compared to other countries. First, the catch-up process of … India was not only service-led, but also accompanied by a decoupling between manufacturing and services. Second …-specific characteristics of the IT services industry and the country-specific advantages of India further lowered the costs of entry. With …

-level data from India, we find a positive spillover from manufacturing growth to gross value added, wages, employment, and worker …

trade. This paper breaks new ground in analyzing India's exports by the technological content, quality, sophistication, and …

The service sector is the largest and fastest growing sector in India and has the highest labor productivity, but … investment. While India is among the top 10 World Trade Organization members in service exports and imports, the growth and … and are concentrated in a few markets. Most of the poor in India do not have access to basic services such as healthcare …