India's service sector continues to contribute to GDP accounting for 55pc in FY 24
New Delhi [India], July 22 (ANI): The financial year (FY) 2024 ended with an outstanding services sector credit of Rs 45.9 lakh crore in March 2024, with a year-on-year (YoY) growth of 22.9 per cent, the Economic Survey revealed on Monday.
The services export post-pandemic times have maintained a steady momentum and accounted for 44 per cent of India's total exports in FY24 the survey notes. India ranked fifth in services