The services sector has emerged as the most dynamic and important sector in India in the post-liberalization era. It has increased its contribution to the Indian economy not only in terms of GDP, but also in exports. However, one area where the services sector has not yet contributed significantly is employment creation. This has raised questions regarding the inclusivity of India’s services sector-led growth story. This book is a collection of papers devoted to understanding and analysing the role of the services sector in GDP, trade and inclusive growth in the Indian economy. These contributions examine specific issues related to the services sector in India, such as employment, trade cycles, foreign direct investment, and migration, and also analyse sector specific issues in selected services like retail, insurance, IT-BPO and aviation.

About the Author

Pralok Gupta is a Consultant and Assistant Professor of Services and Investment at the Centre for WTO Studies at the Indian Institute of Foreign Trade, New Delhi. He received a PhD in Economics and Social Sciences from the Indian Institute of Management (IIM), Bangalore. He has been appointed as an Expert Member of various Inter-Ministerial Groups on Services Trade by the Government of India and also of the FICCI National Council on Services by the Federation of Indian Chambers of Commerce and Industry (FICCI). His research interests include trade policy and regulations, the WTO, services trade, investment, e-commerce, and international migration. His publications include the co-authored volume Globalization of Legal Services and Regulatory Reforms: Perspectives and Dynamics from India (2015) and the co-edited volume India-EU People Mobility: Historical, Economic and Regulatory Dimensions (2015).

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