Publication

The paper provides an overview of reforms carried out in India’s service sector since 1991. It outlines recent trends in terms of the sector’s growth performance and its contribution to the overall economy and trade. It then explores the nature of India’s services liberalization and reforms in selected service sectors, highlighting the outcomes, concerns and future challenges for each. The paper briefly discusses India’s multilateral negotiations for various services, and concludes by highlighting the lessons to be learned from India’s experiences of service sector liberalization.