International Journal of Social Science & Economic Research
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Title:
INTERSTATE VARIATIONS IN THE DEVELOPMENT OF THE SERVICES SECTOR ON THE EVE OF ECONOMIC REFORMS

Authors:
Amrita Shergill

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Amrita Shergill
Assistant Professor, Department Of Economics, Panjab University, Chandigarh, India.

MLA 8
Shergill, Amrita. "INTERSTATE VARIATIONS IN THE DEVELOPMENT OF THE SERVICES SECTOR ON THE EVE OF ECONOMIC REFORMS." Int. j. of Social Science and Economic Research, vol. 4, no. 1, Jan. 2019, pp. 595-611, ijsser.org/more2019.php?id=46. Accessed Jan. 2019.
APA
Shergill, A. (2019, January). INTERSTATE VARIATIONS IN THE DEVELOPMENT OF THE SERVICES SECTOR ON THE EVE OF ECONOMIC REFORMS. Int. j. of Social Science and Economic Research, 4(1), 595-611. Retrieved from ijsser.org/more2019.php?id=46
Chicago
Shergill, Amrita. "INTERSTATE VARIATIONS IN THE DEVELOPMENT OF THE SERVICES SECTOR ON THE EVE OF ECONOMIC REFORMS." Int. j. of Social Science and Economic Research 4, no. 1 (January 2019), 595-611. Accessed January, 2019. ijsser.org/more2019.php?id=46.

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Abstract:
The structural break in the growth of the share of services sector in India occurred in the early 80s much before the economic reforms were formally adopted is now confirmed by many studies on services sector .This prompted us to look into the growth of services sector across the Indian states during the decade of 80s. The objective of this paper is to bring out the level of development of services sector in 17 major states on the eve of economic reforms and assess the extent of interstate variations that existed in this sector. The analysis of data revealed that in 1980s the share of services sector in the net state domestic product increased in all the 17 states except Punjab. By the early 90s , when the economy was just opening up , services sector had already emerged as the largest sector contributing to net state domestic product in 9 states. The extent of interstate variations were found to be very low in this sector compared to other sectors implying that services sector was growing evenly across the states on the eve of economic reforms.