Services Sector Employs Under a Third of India's Workforce, NITI Aayog Finds

A new NITI Aayog report reveals a significant disconnect between India's economic growth and job creation. While the services sector contributes over half of the national output, it employs just under 30% of the workforce—well below the global average of 50%. The report highlights that most of these jobs are informal and low-paying, creating a mismatch with the rising education levels of the workforce. It calls for structural reforms, including formalising work and targeted skilling, to improve job quality.