Question : CONTRIBUTION OF SERVICE SECTOR IN EXPORT



(a) the export and import of services during each of the last three years country, sector and State/UT-wise;

(b) India`s share in world in respect of export of services along with contribution of States/UTs including Bihar and Uttar Pradesh therein, State/UT-wise; and

(c) the steps taken/being taken by the Government to enhance export of services and to boost indigenous service sector so as to reduce dependence on imports?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (INDEPENDENT CHARGE) (SMT. NIRMALA SITHARAMAN)

(a) & (b) The existing system does not have institutional mechanism for collection of service data of export/import except from what is generated by RBI through their balance of payment. Based on information received from RBI, approximate sectoral data is prepared by Department of Commerce which is as under:

(i) India’s sector-wise exports and imports of services during each of last 3 years (Annexure-A)

(ii) India’s share in world in respect of export services (Annexure-B)

(iii) Leading exporters and importers of commercial services in the world — 2014 (Annexure-C)

(iv)RBI does not maintain state-wise services export data.

(c) There are many challenges in services. In order to promote trade in services, Government of India follows a multi pronged strategy of negotiating meaningful market access through multilateral, plurilateral and bilateral trade agreements, trade promotion through participation in international fairs/exhibitions, focused strategies for specific markets and sectors, increasing competitiveness through reforms and provision of fiscal benefits through schemes like Service Exports from India Scheme (SEIS).