SMART JOURNAL OF BUSINESS MANAGEMENT STUDIES |
VOL. 5 |
NO. 1 |
PAPER 7 |
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THE
IMPORTANCE OF THE TERTIARY SECTOR IN THE ECONOMIC DEVELOPMENT OF KERALA |
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R.Rakesh |
Research Scholar, Dr.M.G.R Deemed University, Chennai, Tamil Nadu, India |
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Among the
three sectors of economy, the tertiary sector of Kerala has played a
crucial role so far in generating revenue and employment opportunities.
Though the State Government and State agencies are responsible for
promoting and developing the main segment of manufacturing industries
sector, the progress has been tardy or dismal in the recent years. The
primary/ agriculture sector has been stagnating for years together. The
IT sector is likely to put up a greater show than hitherto, with the
expansion and development programmes now envisaged. But there is
considerable scope for developing the tertiary sector, particularly
trade, commerce, and tourism-related activities to promote employment
generation and to improve the general economy of the State |
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