Give reasons for the rising importance of tertiary sector in India?
Ans.
(i) Over thirty years between 1973 and 2003, production in the tertiary sector has increased the most, and it has emerged as the largest producing sector in India replacing the primary sector.
(ii) In our country there is lot of development in several services such as hospital educational institutions, post and telegraph services, police stations, courts, village administrative offices, municipal corporations, banks, defense, transport insurance etc.
(iii) Development of agriculture and industry leads to development of services like transport, trade, storage etc. Greater the development of the primary and secondary sectors more would be the demand for such services.
(iv) As income level raises people start demanding more services like eating out, tourism, shopping, private hospitals, schools, etc. New services such as internet, e-shopping, communication have become important and essential. The production of these services has been rising rapidly.