Report of the high level group on services sector
The rapid growth of India's exports of commercial services during the period 2000-2006, from US $ 16 billion to US $ 72.8 billion, and of India's share in world exports from 1.1 per cent to 2.7 per cent provides ample evidence of India's international competitiveness in the services sector as a whole. However, calculations of Revealed Comparative Advantage (RCA) show falling RCA in respect of travel (tourism) and transportation (of which shipping is the major component) and accelerating RCA in
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