Employment potential in the services sector in India

Author(s):  
K.V. Ramaswamy
Author(s):  
Deepti Singh

The paper discusses in detail the importance of agro based industries. This whole debate of the agro based industries can be traced back to the economic development of the developing economies around the world. India has been basically an agriculture driven economy, the story of the development of the other agriculture driven economies suggest that they stated their development story with the view of also taking agriculture growth into account. They led to the path of development i.e. industrial sector and services sector but also took along agriculture with itself. This step was taken to make the growth process inclusive, that is development of all the sectors composing the economy at that point in time. But in india the growth process has not been inclusive that is, the urban centers has marched ahead while the rural sector stays behind. The development of industrial sectors has been centralized along the urban areas. This imbalance has led to a flourishing urban centre and a ruining rural centre. Now this imbalance has led to the problem of migration, unemployment in rural centres, underemployment in rural centres, acute poverty. So to tackle this problem of rural distress industrialization of rural india is a necessity and along with it growth of agriculture is also required. To tackle this dual problem the development of agro based industries is a necessity. Now there are several aspects involved in the development of an industry, I am taking into account the problem of economic viability of such rural units.


Author(s):  
Haroon Bhorat ◽  
Christopher Rooney ◽  
François Steenkamp

One core economic challenge facing a developing country is its ability to structurally transform in a manner that generates higher levels of economic growth and employment absorption in the long run. Whilst such a question has often led into a detailed analysis of the role of the secondary sector generally, and manufacturing in particular, this chapter considers the growth and employment potential of the services sector in South Africa. First, there are a set of high-productivity skill-intensive industries in finance, business, communication, and in some cases retail services, which offer export potential—primarily via investment into international markets. Second, there are simultaneously a number of low-productivity industries with lower skill requirements found in informal retail and temporary employment services (TES). Third, tourism offers the potential to be an export-orientated industry with relatively low skill requirements.


2020 ◽  
Vol 3 (2) ◽  
pp. 170
Author(s):  
Herdian Ayu Andreana Beru Tarigan ◽  
Darminto Hartono Paulus

<p>Increasing competition in the Indonesian banking industry has encouraged many banks to improve the quality of services to customers by utilizing information technology developments. Service innovation in the use of information technology encourages banks to enter the era of digital banking services. However, the development of digital banking services also increases the risks faced by banks. The purpose of this study is to provide an overview of the implementation of digital banking services and customer protection for risks from digital banking services. The method used in this study is an empirical legal research method. The results of this study indicate that the implementation of digital banking services is regulated by OJK Regulation No.12/POJK.03/2018. The existence of this OJK Regulation is expected by banks as providers of digital banking services to always prioritize risk management in the use of information technology. In addition, this study also shows the existence of 2 types of customer protection for the use of digital banking services, namely preventive protection in the form of legislation related to customer protection in the financial services sector and repressive protection in the form of bank accountability for complaints from customers using digital banking services.</p>


2020 ◽  
Vol 25 (1) ◽  
pp. 35-41
Author(s):  
N.L. Solovieva ◽  
◽  
I.V. Chudinovskikh ◽  

The article discusses the management of sustainable development of organizations using standardization as one of the tools of the quality economy. Particular attention is paid to the existing practice of Russian and international companies building strategic goals and objectives in accordance with the UN SDGs. The connection between standardization and sustainable development of the organization, in particular organizations of the social services sector, is shown.


This present study makes an analysis of changing contribution of sub-sector and composition and growth performance in Indian economy. In addition to that, the contribution of sub-sector of service sector in state economy. The results revealed that the growth rate of Chandigarh was high due to providing especial emphasis on dominating sub-sectors of services and its most preferred destination for technology whereas, Sikkim and Arunachal Pradesh due to geographical and environmental conditions development were higher in floriculture and agriculture, although, tourism emerged as a new profession and have different opportunities. Apart of that, in the wake of some challenges in the form of lack of infrastructure, recent crisis in the world market, foreign direct investment (FDI) restrictions and outsourcing backlash were major limiting factor.


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