India’s forgotten promise of services-led growt (Record no. 532411)

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fixed length control field 01901nam a22001457a 4500
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fixed length control field 260204b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Nayyar, Gaurav
245 ## - TITLE STATEMENT
Title India’s forgotten promise of services-led growt
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc The Indian Journal of Labour Economies
300 ## - PHYSICAL DESCRIPTION
Extent 68(3), Jul-Sep, 2025: p.711-731
520 ## - SUMMARY, ETC.
Summary, etc The rapid growth of India services sector is much cited in the discussion on growth and structural transformation. However, India’s services-led structural transformation presents a dichotomy. Knowledge-intensive services (comprising finance, information and communication technology [ICT], and business services), which have contributed to productivity growth, have typically been intensive in skilled labour. On the other hand, low-skilled services, such as retail, have absorbed labour but have shown little productivity growth. This dichotomy conceals more than it reveals. For one, India’s exports of knowledge-intensive services have supported jobs and incomes more than exports of manufactured goods. This export-led growth has also had spillover benefits in terms of supporting jobs in other sectors as well as through increasing education enrollment rates. Furthermore, there are opportunities to raise productivity among low-skilled services through the diffusion of digital technologies, new business models, and trade. Last, but not least, strengthening the linkages between the services and manufacturing sectors can boost economy-wide growth and job creation. These findings present a case for reclaiming India’s forgotten promise of services-led growth as part of a broader multi-sectoral development process.- Reproduced

https://link.springer.com/article/10.1007/s41027-025-00588-8
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Structural transformation, Services sector, Growth, India.
9 (RLIN) 58708
773 ## - HOST ITEM ENTRY
Main entry heading The Indian Journal of Labour Economies
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2026-02-04 68(3), Jul-Sep, 2025: p.711-731 AR138029 2026-02-04 Articles

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