Budget 2026 bets big on services; panel proposed to lift global share to 10% by 2047
Published on: Feb. 1, 2026, 11:54 p.m. | Source: The Economic Times
India plans to significantly boost its global services sector share to ten percent by 2047. A new panel will identify growth areas and assess technology's impact on jobs. The government is emphasizing digital services, health, education, and tourism. Tax holidays are offered for cloud services using Indian data centers.
