In the developed economies two-thirds of GDP comes from the tertiary sector. The share of this sector in the less developed economies tends to be more than two-fifths. In spite of the vast and growing importance of this sector, there are few comprehensive studies in the field. This is particularly true of the Indian economy. The need for a comprehensive study is only too apparent, particularly in view of the grievances expressed in some quarters about the rapid growth of the sector. "The Significance and Growth of the Tertiary Sector" caters to this need. The book studies the significance of the growth of the tertiary sector from a general viewpoint and then goes on to scan the major sub-sectors of this sector for the Indian economy, one by one. The study ends by taking a birds’-eye view of the development of the tertiary sector in the broader context of the development of the Indian economy as a whole.
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