
Dhyeya IAS
February 1, 2025 at 09:14 AM
Economic Survey 2024-25: Service Sector
▪️Service sector's contribution to total GVA rises from 50.6% in FY14 to 55.3% in FY25
▪️Service sector grew at 8.3% from FY 23 to FY 25, fueling GDP growth
▪️Services export growth surged to 12.8% during April–November FY25
Index of eight core industries (Base: 2011-12=100) for December 2024
🔸The combined Index of Eight Core Industries (ICI) increased by 4.0 percent (provisional) in December 2024 as compared to the Index in December 2023.
🔸The production of Coal, Electricity, Steel, Cement, Refinery Products, Fertilizers, and Crude Oil recorded positive growth in December 2024.
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