Evaluate the contribution of the tertiary sector in Gross Domestic Product (GDP) in India.

(i) The tertiary sector has emerged as the largest sector in India.

(ii) This sector includes services like hospitals, post office, transport, banking, insurance etc. thereby creating large scale emplyoment.

(iii) This sector boosts the overall economy by providing varied services and contributes significantly in the GDP.

(iv) With the development of primary and secondary sectors the demand for services has increased.

(v) With the rise in income level demand for certain services like restaurants, tourism, shopping etc. has also increased.

(vi) Certin new services based on information and technology have become important and essential and is one of the most significant contrubutor to India’s GDP.