Service Sector and GDP

sunandaC

Sunanda K. Chavan
There has been significant impact of economic liberalization inearly 1990s on Indias GDP

The impact liberalization may be gauged from the fact thattotal foreign investment (including foreign direct investment,portfolio investment, and investment raised on internationalcapital markets) in India grew from a minuscule US$132million in 199192 to $5.3 billion in 199596


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