The government is planning to set up a high-level group
to suggest ways of making the service sector more competitive
in the wake of emerging global opportunities, prime minister
Manmohan Singh said while inaugurating the exposition
on trade in services.
are considering setting up a high level group in the Planning
Commission to look into all aspects influencing the performance
of the service sector and suggest policy measures to sustain
its competitiveness in the coming years," he said.
government, he said, was committed to sustaining the rapid
growth of the service sector, adding that services like
health, legal, higher education and tourism can have the
same growth potential as IT. We have core competencies
in all these areas and that could be tapped successfully
to boost exports, he said.
that have not been exposed to sufficient competition,
where regulatory framework is weak and have failed to
make a big impact on the economy," he said.