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THE
NEW ECONOMY: SERVICES SECTOR
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AGRARIAN AGE: Almost all employment and income generated from
agriculture through history till the 1850s.
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Beginning
4000 BC
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| Plough |
All-iron
plough |
| Treadmill |
Cotton
gin |
| Bullock-cart |
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Beginning
19th century
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INDUSTRIAL AGE: Industrial revolution starts from the UK in the
mid 19th century, spreads to the US, Japan and now China.
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| Blast
furnace |
Dynamite |
| Ball
bearing |
Electric
motor |
| Steam
engine |
Assembly
line |
| Cement
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Laser
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| Combustion
engine |
Robots
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Beginning
20th century
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INFORMATION AGE: Services like trade, communications, finance
and information technology boom.
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| Telescope
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Computer |
| Camera |
Satellite |
| Typewriter |
Microprocessor |
| Telephone
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Fax
machine |
| Radio
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Cellular
phone |
| Television
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Internet |
| Tape-recorder
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SERVICES
IN GDP
Current
share in national income
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| Trade,
hotel & restaurants: |
21.8 |
| Community
& public services: |
13.1 |
| Finance
& real estate: |
12.5 |
| Construction:
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5.00 |
| TOTAL
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52.4 |
| All
figures in percentage |
THE
SERVICES UNIVERSE
A few examples of the services in the three
broad categories
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The
Oldest
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HOUSEHOLD
SERVICES
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| Restaurants |
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| Daycare |
| Bakers |
| Caterers |
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The
Biggest
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PERSONAL
SERVICES
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Healthcare |
| Transportation |
| Entertainment |
| Fashion |
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The
Fanciest
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INFORMATION
SERVICES
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| Communications |
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| Financial
services |
| Legal
services |
| Computing
services |
| Retail
and whlesale trade |
| Engineering
services |
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EVOLVING
TASTE
Services get preference over food
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Food
1980-81
1996-97 |
53.4
46.0 |
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Hotel
and restaurants
1980-81
1996-97 |
0.4
1.5 |
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Transport
& communication
1980-81
1996-97 |
5.1
10.5 |
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Recreation
and culture
1980-81
1996-97 |
3.0
4.5 |
| Figures
are % in consumption expenditure |
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METRO TODAY |
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Web
Exclusives |
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Who says Indian theatre is dying? Playwrights--both
veteran and budding--in the country had a chance to interact with those
from the Royal Court Theatre, London, at its first residency workshop
in Bangalore recently.
It was a fortnight
of enrichment, concludes Principal Correspondent Stephen David
in Despatches.
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INTERVIEWS
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"I was
very much against the idea of India," says William Dalrymple, author,
The City of Djinns: A Year in Delhi. In conversation with INDIA TODAY's
Sonia Faleiro, he talks about his old girlfriend, Delhi and his
"enormously exciting" next book, The White Moghuls in
Interviews.
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