With a young, talented and energetic workforce, India seems to top them all when it comes to service sector, even leaving behind major economies like China and the United states behind. No matter how big the multinational companies maybe, when it comes to outsourcing, India seems to be the safest option. Its evident considering the huge workforce we have concentrated in the services sector be it IT, Business Process Outsourcing, Knowledge Process Outsourcing, Medical Transcriptions or any thing for that matter. 

                 So why India and not the other big players in the world? Well the most important reason is that Indians are always ready to work more for less. We're educated, skilled and brimming with energy. We also have the biggest population in the world after China and with the unemployment levels being very sensitive, quick and easy of earning money have always allured us. What more could the service sector want?

If we were an industrialised nation, this sudden influx of the service sector would not be such a big deal. But we're India, a country of agriculturists, with over 65 percent of the population directly dependant on agriculture for livelihood. But what the agricultural sector contributes to the country's Gross Domestic Product [ Gross Domestic Product is the monetary value of all goods and services produced within the geographical boundaries of a country]is only a mere 18%. Where as the services sector contributes 60% and the manufacturing sector contributes the remainning 22% The sector contributing the maximum [services] has the least  dependance while the sector contributing the least has a maximum [agriculture] has the maximum dependance. What this means is that the division among the contribution among the sectors is not favourable to the Indian economy.

                  In India's growth process, there has been a missing link of the relative earlier maturity of the service sector before acheiving manufacturing sector maturity. That is before the agricultural sector had advanced to a level of satisfactory output and even before the manufacturing sector grew to be firm and unshakable, the service sector overtook them all in all respects. Ideally it should have been forst the manufacturing sector, then the services sector or atleast both of them together. The reason this is important is because there is a link between the manufacturing sector and the agricultural sector either by way of rawmaterials, as market for their agricultural produceor as providing employment opportunities which woulld have provided greater level ofstability for the emerging economies, especially India.

               As a result of the untimely service sector boom which swept India in a fraction of time, the benefits which came with the increased growth of recent years has been confined to the services sector, done little to the manufacturing sector and has not touched the agriclutural sector where majority of our population resides..