NITI Aayog Released Two Inaugural Reports on India’s Services Sector in New Delhi

Current Context: On October 28, 2025, NITI Aayog released two inaugural reports on India’s services sector in New Delhi under its new Services Thematic Series.

• The reports were launched by B.V.R. Subrahmanyam (CEO, NITI Aayog) in the presence of Dr. Arvind Virmani (Member, NITI Aayog) and Dr. V. Anantha Nageswaran (Chief Economic Adviser, GoI).

Reports:

“India’s Services Sector: Insights from GVA Trends and State-Level Dynamics”

• Examines national and state-level Gross Value Added (GVA) trends.
• Analyses whether states with lower initial services share are catching up with advanced ones.
• Notes services contributed ~55% of India’s GVA in 2024–25.

“India’s Services Sector: Insights from Employment Trends and State-Level Dynamics”

• Focuses on employment patterns across sub-sectors, regions, gender, and education.
• Shows services employed 188 million workers in 2023–24, with employment share rising from 26.9% (2011–12) to 29.7% (2023–24).
• Highlights urban–rural divide: 60.8% urban vs. 18.9% rural employment share.

Question:

Q.1 As per the report “India’s Services Sector: Insights from Employment Trends and State-Level Dynamics”, how many workers were employed in services in 2023–24?
a) 120 million
b) 188 million
c) 150million
d) 210 million

Answer: b) The report quantified services employment at 188 million workers in 2023–24, with employment share rising from 26.9% (2011–12) to 29.7% (2023–24).