Service sector added 40 million jobs in 6 years; employment share rises to 29.7%: NITI Aayog

India’s services sector is a growing job engine, with its employment share rising to 29.7% in 2023-24. The sector added nearly 40 million jobs in six years, driven by modern services like IT and finance, though regional disparities persist. This growth is crucial for India’s economic development and future job creation strategies.