India’s service sector continues to contribute to GDP, accounting for 55% in FY24

India's service sector continues to contribute to GDP, accounting for 55% in FY24

India’s service sector continues to contribute to GDP, accounting for 55% in FY24: The fiscal year (FY) 2024 finished with an outstanding services sector credit of Rs 45.9 lakh crore in March 2024, representing a 22.9 percent year-on-year (YoY) growth, according to the Economic Survey released on Monday. The post-pandemic services exports have maintained a … Read more