In the beginning of the 21 century the global economy shows significant structural changes with a swing of services sector’s contribution. In the process of economic development, a simultaneous growth of primary, secondary and tertiary sectors in historical, but the high growth of services sector is phenomenal in recent decades. This is directly due to the development of sophistication in the information technology. Since 1980s the share of services sector in the real GDP in India has also surpassed that of agriculture and industry. It is also reflected in the state-level developmental growth. No doubt, the dynamics of the services sector infuses new growth impulses stimulating investment, income, consumption and employment. But there seems to be some conflict between the growth of employment and growth of output in the Indian context. The present book contains critically analysed papers on the performance, problems and perspectives of services sector in the Indian economy. Each contributor looks beyond the current scenario and prescribes various policy options to improved the productive efficiency and employment in the services sector. Overall, the common concern is that the high-profile growth of services sector benefits and distributive justice should reach the low-income-profile people in the society. Part I presents the overall trends in services sector in India with a comparative focus on Tamil Nadu. Part II focuses on the sectoral dynamics in IT enabled services, telecom, capital market, employment promotion in teleworking, significant trends in foreign direct investment, tourism and challenges in the rural banking dispensation. In part III, the contributors make a strong case for services taxation, an affective intervention in women migrant workers’ living conditions and a redefined role of state transport undertaking in India. The book provides descriptive and analytical information on a highly topical subject—shifts in sectoral contribution—in development economics. It will be of great interest to students, researchers and commentators on the Indian economic sectoral growth.
ABOUT THE AUTHOR P Jegadish Gandhi
P. Jegadish Gandhi (1941), formerly Professor of Economics at Voorhees College, Vellore for over three decades, is now Director of the Vellore Institute of Development Studies. Specialising in Development and Socio-economic issues, Gandhi has more than 200 articles published in leading economic journals and in popular periodicals in India and abroad and 23 books of his credit. His latest book on Dr. Kalam’s PURA Model and Societal Transformation was published in January 2005. he has participated in and presented papers at several national and regional seminars and international conferences. Gandhi jhas the distinction of having been a Visiting Scientist, DST (Government of India) Project, Department of Management Studies, Indian Institute of Science, Bangalore (1987-88). He was Vice-President of the International Society for Intercommunication of New Ideas (USA) and Treasurer, Vice-President and President (2000-2001), the Association of Economists of Tamil Nadu and Pondicherry. Gandhi has been honoured with the Senior Economist Award of the Association of economists of Tamil Nadu in 2002. He was an Expert Member of the Working Groups on Road Transport Services, Employmetn/Unemployment and Rural Development in the formulation of 9th & 10th Plans, State Planning Commission, Government of Tamil Nadu. Dr. Gandhi is presently an Academic Council Member of Vellore Institute of Technology, Deemed University and Thiruvalluvar University, Vellore. As a social activist, he has been working for the abolition of bonded labour and child labour system among other issues of social concern.
ABOUT THE AUTHOR P. Ganesan
Dr P. Ganesan is presently working as an Assistant Professor in the Department of Ancient History, School of Historical Studies, Madurai Kamaraj University, Madurai. He obtained his M.A., M. Phil., Ph.D. degree from the School of Historical Studies, Madurai Kamaraj University and also got his Master of Library Science and Master of Tourism Management further from the same university.
He started his career as a Lecture in Tourism Management in the Madurai University College and later joined as an Assistant Professor in the Department of History, Government Arts College, Karur, Tamil Nadu before becoming an Assistant Professor in the Department of Ancient History, School of Historical Studies, Madurai Kamaraj University.
He has published two books so far, Art and Architecture in India (Tamil) and Prehistoric Culture of Madurai Region. He has twenty research articles in national & international seminars to his credit. Besides, he presented three papers in international conferences. Under his guidance fifty-five M.Phil. have been awarded and six M.Phil. are ongoing. Besides, under his guidance three Ph.D. have been awarded, four is submitted and seven are ongoing. In addition, he worked on a major research project sponsored by UGC on Jaina Monuments in the Pandya Country.
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