KAS

Rajeev Kher, Additional Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India

KAS

Rajat Kathuria, Director and CE, ICRIER, Rajeev Kher, Additional Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India and Tomislav Delinic, KAS

KAS

(l. to r.) Donghyun Park, Principal Economist, Economics and Research Department, Asian Development Bank, Arpita Mukherjee, Professor, ICRIER, Sumanta Chaudhuri, Joint Secretary, Department of Commerce,Rupa Chanda, Professor, Department of Economics and Social Sciences, Indian Institute of Management, Bengalore and Ejaz Ghani, Economic Adviser, South Asia PREM, The World Bank, Wahington D.C., USA

KAS

Q & A Session

Rajeev Kher, Additional Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India, explained the importance of the services sector – about 60 percent of the Gross Domestic Product originates in the services sector, as well as 35 percent of the employment, 40 percent of the exports, 20 percent of the imports and 50 percent of the foreign direct investment. Thus, the tertiary sector is in large part responsible for the economic stability and growth of India.

Furthermore, Donghyun Park, Principal Economist, Economics and Research Department, Asian Development Bank, Arpita Mukherjee, Professor, ICRIER, Rupa Chanda, Professor, Department of Economics and Social Sciences, Indian Institute of Management, Bengalore and Ejaz Ghani, Economic Adviser, South Asia PREM, The World Bank, Wahington D.C., USA covered many topics on the cohesion of services sector and inclusive growth.