India Today Group Online
 


February 19, 2001 Issue


India Today, February 19

ECONOMY
   

The New Boom

Better Off Than Dad

Services Sector: Growth Engine

Faces: Adventure Capitalists

Adapters: Tradition Meets Technology

Industry: Being Indian

Careers: Techies Line Up For Jobs Online

 

 
THE NATION
   

The Scindias: Will Power
The contentious will of Rajmata Vijayaraje Scindia virtually disinherits her only son Madhavrao Scindia. This controversy threatens to mar the reputation and respectability of one of India's best- known and highly regarded royal families.

 

 
STATES
   

Gujarat: Shaky Regime
Confronted with a monumental disaster, the Gujarat Government is at the centre of relief operations. Was its reaction timely and efficient? Could more lives have been saved?

And Greed Hits Home
More than anything, it was corruption that killed people in Gujarat as buildings constructed by getting around norms came crashing down.

 

 
BUSINESS
   

Public Sector: Shotgun Exit
First large PSU where workers agreed to leave the company.

 

 
OTHER STORIES
  Viewpoint:
Tavleen Singh

 
  Caplooks
 
  Voices  
  Eyecatchers  
 



 
  Home  
 

THE NEW ECONOMY: SERVICES SECTOR

TOOLS OF AGE
AGRARIAN AGE: Almost all employment and income generated from agriculture through history till the 1850s.
Beginning 4000 BC
Plough All-iron plough
Treadmill Cotton gin
Bullock-cart
Beginning 19th century
INDUSTRIAL AGE: Industrial revolution starts from the UK in the mid 19th century, spreads to the US, Japan and now China.
Blast furnace Dynamite
Ball bearing Electric motor
Steam engine Assembly line
Cement Laser
Combustion engine Robots
Beginning 20th century
INFORMATION AGE: Services like trade, communications, finance and information technology boom.
Telescope Computer
Camera Satellite
Typewriter Microprocessor
Telephone Fax machine
Radio Cellular phone
Television Internet
Tape-recorder  
SERVICES IN GDP
Current share in national income
Trade, hotel & restaurants: 21.8
Community & public services: 13.1
Finance & real estate: 12.5
Construction: 5.00
TOTAL 52.4
All figures in percentage


THE SERVICES UNIVERSE
A few examples of the services in the three
broad categories
The Oldest
HOUSEHOLD SERVICES
Restaurants
Daycare
Bakers
Caterers
The Biggest
PERSONAL SERVICES
Healthcare
Transportation
Entertainment
Fashion
The Fanciest
INFORMATION SERVICES
Communications
Financial services
Legal services
Computing services
Retail and whlesale trade
Engineering services
 
EVOLVING TASTE
Services get preference over food
Food
1980-81
1996-97

53.4
46.0
Hotel and restaurants
1980-81
1996-97

0.4
1.5
Transport & communication
1980-81
1996-97

5.1
10.5
Recreation and culture
1980-81
1996-97

3.0
4.5
Figures are % in consumption expenditure
 
 
 
Care Today
     METRO TODAY
 
   

MetroScape
Random Readings
Arvind Krishna Mehrotra would rather be "accurate" in his latest undertaking, a book of Kabir's poetry in English, even if he says "Kabir's greatest hits may not have been written by him at all".
more...

Looking Glass

Kolkata: Restaurant

Bangalore:
Art Exhibition

New Delhi: Play

 

 
    Web Exclusives
DESPATCHES
 

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.

 

 
 
INTERVIEWS
 

"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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India Today, February 12, 2001

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