Services Sector Proves Saviour of Indian Economy During the Global Crisis; Grows by 9.4% Despite Slowing GDP Growth

Last updated: 15 March 2012 Follow on Google News

The global recession only partially succeeded in slowing the Indian economy thanks to the continual offsetting growth of service sector to nearly 10% in the year 2010-11. The Economic Survey 2011-12 presented in the Lok Sabha today, suggests that the Services Sector continues to remain growth e

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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